ZF English

Mondragon starts manufacturing food packaging

15.02.2007, 20:39 13

Spanish group Mondragon, which is operating an investment worth 17 million euros in Romania in the car parts industry, intends to bring its department of packages for the food industry onto the domestic market, through the Ulma company. Initially, the investment made by Ulma will amount to 4-5 million euros.
Last year, Mondragon announced its first investments on the domestic market, made through the Mapsa company, part of the group that operates in the automotive field.
Ulma will purchase a plot of approximately 10,500 square metres in the industrial park Nervia, near Cluj-Napoca, at the price of 60 euros per square metre.
"During the first phase of our investment, which will be completed at the end of this year, we will build a production facility on a 4,000 sqm area. The production process will start in early next year," Adam Ambrus, general manager of Nervia Consultores, the company that mediates Ulma's investment in Romania, told ZF Transilvania. After the first phase is complete, the Spanish company will increase the production capacities by building a new plant of a similar size.
The Mondragon group operates in constructions, agriculture, distribution, services and the automotive field. The group currently employs over 80,000 people and owns 59 production facilities in 38 countries. The group's global sales in 2005 amounted to over 11 billion euros.
Mondragon will launch its first investment in Romania this year, which will be made through the Mapsa company and construction for the plant will start in late March. The investment made in Campia Turzii, Cluj county, will amount to some 17 million euros and will be developed over a four-year period. The company intends to build a factory where it will manufacture aluminium rims. For this purpose, Mapsa has purchased a private plot of land of 30,000 square metres in the area, for which it paid 750,000 euros.

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