Shoujia Technology, a Chinese manufacturer of steel tire cords, has received support from the Romanian government to move forward with its production project in Europe, according to a statement released by the company last Friday (27). The topic was discussed in a meeting with the Romanian Deputy Prime Minister, Michael Dragos AnastasiuIn a presentation given by the group, they outlined the project's progress, initial results, and long-term plans. According to Shoujia, Romanian authorities expressed support for the investment, committing to providing… political guarantees and resources to enable the implementation of the unit. The initiative is part of the company's global strategy, which considers Romania as a base for the production of high quality steel cables intended for the tire industry.
This text was translated by machine from Brazilian Portuguese.