Turkish URB Group, the owner of Romanian bearings factory Rulmenti Barlad, will prepare a team of Romanian managers to lead the group's new bearings factory currently being built in India.

“We have to find Romanians to work in India. (…) The management team and the qualified workers will be Romanians,” said Esin Ugurtay, URB’s development manager, cited by local Wall-street.ro.

According to the general manager of URB, Mustafa Tunca Dingiloglu, the factory in India will cover an area of 10,000 and will employ 100 people. Its construction is to be completed by the end of next year and the total investment amounts to USD 10 million.

Irina Popescu, irina.popescu@romania-insider.com