Brief: IRCE Approves Investiment Project In China Worth Around EUR 15-20 mln

IRCE SpA

12/06/2024 16:41

June 12 (Reuters) - IRCE SpA  IRC.MI :
    * APPROVES INVESTIMENT PROJECT IN CHINA
    * INVESTMENT AIMS ATT EXPANDING GROUP'S PRODUCTION CAPACITY
IN
WINDING CONDUCTORS SECTOR
    * PROJECT WILL BE CARRIED OUT BY CHINESE SUBSIDIARY IRCE
ELECTROMAGNETIC WIRE
    * INVESTMENT WORTH IS BETWEEN EUR 15-20 MILLION
    * PRODUCTION IS EXPECTED TO START IN Q4 2025


Further company coverage:  IRC.MI 

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