Walter and Vargus establish joint venture in Romania

Walter AG and Vargus Ltd established the joint venture VWR Cutting Tools S.R.L. in Ploiesti, Romania, to manufacture tool holders. The contract was signed on February 26, 2021, and production is expected to start in November 2021.

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

• 1 source
• metalworking.inWalter and Vargus join forces in Romania – MetalWorkingEditorialApr 1, 2021

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