Parts Segment Investment Set To Soar

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The Romanian autos industry could see an influx of investments in the near future, thanks to plans by as many as 12 parts makers to build production facilities in the country, Constantin Stroe, chairman of the Association of Automotive Manufacturers of Romania (ACAROM) has revealed. BMI believes Romania's attractiveness lies in its low-cost production and the entry of a large number of carmakers in the country over the last few years, which has helped bring investments from both Tier 1 and Tier 2 suppliers.