The company Andreas STIHL Power Tools SRL, subsidiary company of the Andreas STIHL AG&Co. KG. holding from Germany, started construction in the Euobusiness I Industrial Park of a new production unit worth EUR 165 million, on a land area of approximately 147,000 sqm.
The contract regarding the investment was signed by the representatives of the Oradea City Hall, the representatives of the company ADLO SA., and the representatives of the company Andreas STIHL Power Tools SRL.
The Oradea Local Development Agency (ADLO), a public company whose majority shareholder is the municipality of Oradea, the administrator of six industrial parks in Bihor county, last year attracted total investments of EUR 28.3 million, as a result of which 10,200 jobs will be created until 2028.
