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Unionalpha, an Italian leader in wiring for large home appliances, acquired the wiring division of Turkish company Ekinler for a total investment of EUR 5 million. A new company, Union International, will be formed.
OOO Unionwire will invest 200 million rubles to build a plant producing electrical wiring for white goods in Krasnoye, Lipetsk region. The facility is expected to open in December 2020 and create 100 jobs.