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CIJ.World > Finance > Sonaca secures €7.8m from EBRD for Cluj factory

Sonaca secures €7.8m from EBRD for Cluj factory

12 January 2016

The Belgian company Sonaca secured a €7.8m loan from the European Bank for Reconstruction and Development (EBRD) to build a factory in Cluj, 30 km from Cluj-Napoca.

The factory will produce components for aircraft wings for companies like Airbus and Embraer. Completion is set for early 2018. Sonaca also operates factories in Belgium, Brazil, Canada and China.

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