The Chinese company Topband enters the Romanian market. It opens a factory in Timisoara with an investment of 30 million dollars


Source: world-today-news.com world-today-news.com

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Shenzhen Topband is a company based in China, established in 1996 and listed in 2007 on the Shenzhen Stock Exchange, where it is currently valued at $ 3.4 billion. According to its website, Topband is committed to becoming the world’s largest provider of intelligent control solutions. The Romanian subsidiary is called Topband Smart Europe Company and has a share capital of 2,090,000 lei. According to a post on the Facebook page of the Timiș County Council, the company’s representatives announced that they want to make an investment in Timișoara worth 30 million dollars, and will produce intelligent electronic controllers. The...