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US Bunge group closes third oil factory in Romania

Publicat la 27.01.2008, 22:00:00

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US Bunge group closes third oil factory in Romania
The company is going through a restructuring process in Romania. Production in Iasi will be transferred to Buzau, where Bunge plans to invest €25 million to modernize its production plant.

According to Bunge representatives, the decision to optimize its production capacity in Romania came after the company acquired several brands and properties from Agricover, including the factory in Buzau.

“The Buzau factory is a strategic location and will provide an excellent base for Bunge’s operations in Romania and Bulgaria,” said Jean-Louis Gourbin, Bunge President for Europe.

The company has 200 employees in Romania.

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