Walter and Vargus form joint venture VWR Cutting Tools in Romania

Walter AG and Vargus Ltd. established a joint venture named VWR Cutting Tools S.R.L. in Bucharest, Romania, to manufacture tool holders. Each holds equal shares; production is expected to start in November 2021 with about 20 employees.

“The joint venture in Romania is a further investment in the globalization and growth of our company.”industrialsupplymagazine.com

• 2 sources
• industrialsupplymagazine.comWalter forms joint venture with Vargus - Industrial Supply MagazineMar 29, 2021
• metalworkingnews.infoWalter and Vargus join forces in Romania | Metalworking NewsMay 7, 2021

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