# Magnetec

- Headquarters: Germany
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Sites

| Place | Latest | Largest value | Types |
| --- | --- | --- | --- |
| Balti Free Economic Zone, Moldova | 2020-09-04 | $5.00M | new_facility |


## Announcements (1)

- 2020-09-04: [Magnetec opens $5 million manufacturing plant in Balti, Moldova](https://endata.com/announcements/51461-magnetec-opens-5-million-manufacturing-plant-in-balti-moldova) (New facility · Balti Free Economic Zone, Moldova · $5.00M · 70 jobs · starts operating 4 Sep 2020)

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