Etem Bulgaria and Gestamp form JV for aluminium automotive profiles

Etem Bulgaria, a Viohalco subsidiary, signed an investment agreement with Gestamp to form joint ventures for extruding and processing aluminium profiles for the automotive industry. Around EUR 30 million will be invested in a new extrusion line and machinery in Bulgaria.

“Around 30 million euro will be invested in the programme.”alcircle.com

• 1 source
• alcircle.comViohalco’s Bulgarian unit partners with Gestamp for further aluminium business developmentDEBANJALI SENGUPTAJan 12, 2019

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