Argillon Romania a manufacturer of medium and high-voltage porcelain insulators, part of the German group of the same name, has invested 7 million euros in its facility in Turda, Cluj County. This was aimed at boosting production capacity, with another 2.3 million euros to be spent in realising this goal in 2006. "We intend to invest in boosting production volume again in 2006, and the total value of these investments will stand at approximately 2.3 million euros," Danut Pop, Argillon Romania general manager told ZF TRANSILVANIA. The company officials say they established the investment plan in line with the demand for products on the foreign market. "We anticipate an increase in demand on the global market and the factories in the so-called low-cost countries will play an important part in this, because manufacturers in Western Europe will have to cut costs and find cheaper manufacturing solutions. Romania can be a solution for Western manufacturers," Pop said. The German group took over 95.8% in the Turda-based Izocer from Rinvest Cluj in November 2004, and decided to change its name to Argillon Romania this February. ZF
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