French-Italian clothing maker Moncler pours EUR 10 mln in its Romanian factory

The French-Italian luxury clothing manufacturer Moncler will invest EUR 10 mln in its factory that it has operated since 2015 in Bacau, in eastern Romania. The new building will be completed later this year, according to Romania-Insider.com.

“The new building will stretch over 8,000 square meters and will include a new production space equipped with state-of-the-art technologies, as well as a research and development center. At the same time, Moncler is building a kindergarten for the employees’ children,” the company said in a statement released on February 21.

When fully operational, the new unit will hire approximately 300, bringing the capacity of Moncler Industries Yield, the group’s Romanian subsidiary, to a total of 1,500.

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