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The transaction is guaranteed by the European Investment Fund (EIF), central pillar of the investment plan for Europe. Upon completion of the construction process, in 2019, the new factory of Dambovita City of Ulmi will produce annually about 2.2 million washing machines. Arctic is currently the leader in the home appliance market in Romania, with a market share of over 40%, and is part of Arçelik, the third largest manufacturer of household appliances in Europe and the seventh in the world
The project is extremely innovative, allowing the implementation of the latest automation processes and the integration of Internet of Things (IoT) applications, including smart devices, interconnected devices and cooperative robotics technologies. Through investment in the Arctic, the region will become an innovation center likely to attract additional investment.
"This highly innovative project supported by the investment plan for Europe will create 480 direct jobs and 900 additional opportunities The plant will be located in the region of South Muntenia, facing challenges after the closure of factories in the iron and steel industry, and is characterized by a high unemployment rate and a low level of technological production. Andrew McDowell, Vice President of the EIB
Arctic also has a factory in Găeşti, where it has produced more than 31 million refrigerators to date. The company has more than 3,600 employees, including subcontractors, and a business turnover of 2.2 billion lei in 2017. Currently, 87% of the company's total production is in the US. Arctic is exported to more than 80 countries
In 2017, Arctic began construction work of a new washing machine factory, which will be located in Ulmi, in Dâmboviţa County. The new investment is Greenfield type and will be the first production unit of Arçelik Group built according to the Digital Industry 4.0 standard. The factory will integrate advanced technologies such as wireless communication of production lines with other Arcelic Group countries, as well as intelligent machines
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