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Provider: Reuters Investment Profile
Provider: Reuters Investment Profile

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Daimler AG Plans EUR 300 Million Transmission Plant in Romania-Reuters News

Wednesday, 24 Apr 2013 07:02am EDT 

Reuters News reported that Daimler AG plans to build a factory in Romania to assemble transmissions for Mercedes-Benz luxury vehicles. Daimler AG will invest over EUR 300 million (USD 391 million) at its Romanian subsidiary Star Transmission to serve the customer demand for the transmissions used in passenger cars. 

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15 Aug 2014