# Versuni Group to invest RON75M in Orastie coffee machine plant

Versuni Group, formerly Philips Domestic Appliances, will invest RON75 million in 2023 to develop its plant in Orastie, Hunedoara, Romania, which mainly produces coffee machines.

- Type: Investment
- Announced: 2023-06-27
- Where: Orastie, Hunedoara, Romania
- Value: $16.2M (75.0M RON)
- Status: announced
- Products: coffee machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Versuni Group](https://endata.com/companies/71084.md)

## Sources

- [zfenglish.com](https://www.zfenglish.com/companies/versuni-group-set-to-invest-ron75m-in-orastie-coffee-machine-plant-21971971/), 2023-06-27: "Netherland’s Versuni group, the former Philips Domestic Appliances, will invest RON75 million this year to develop the plant of Orastie, Hunedoara, where the company mainly produces coffee machines."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
