Molltex opened a new textile factory in Balti, the second largest city in Moldova. The company, part of Oztazar Group, invested €4m in this project. Located in the city’s Raul industrial park, the factory employs 700 people. The investor is planning to open a second factory in Donduseni, where 1,000 will work, in July. Oztasar was founded in 2000. It has four factories in Romania and a design and logistics center in the UK.
