Turkey’s Borusan Pipe commissions Romania service centre
Borusan Pipe, a major Turkish steel pipe producer, has commissioned its second-largest investment in Europe, in Ploieşti, southern Romania.
At an investment of €15 million ($16.6m according to 13 September exchange rate), the facility, for which construction work began in March 2023, will carry out cutting and finishing operations of cylinder tubes, reserve tubes, and monotubes for special use in shock absorbers. The unit, which will produce using technologies such as short-cutting, brushing, and in-line washing, will serve shock absorber manufacturers in the automotive supply chain.
The Romanian government supported Borusan Pipe’s investment with state aid of €5.83m, notes Kallanish.
The Romania service centre is expected to contribute $8m to the company’s total turnover in the second half of the year as it gradually begins operations.
“Another significant step towards our goal of being a local player in international markets is the inauguration of our new service centre in Romania,” says Borusan Pipe executive vice present Ali Okyay. “Being a regional player in Europe, we will be near our clients and offer the required supply chain flexibility. Through this investment, we will get closer to our goal of becoming the continent’s pre-eminent integrative solution provider and producer of steel pipes, particularly in eastern Europe.”
Burcak Alpman Turkey
