An automotive wiring factory in the Orhei subzone of the Balti Free Economic Zone was inaugurated on October 30. The new production space, which is over 27,000 square meters in area, is an investment of €30 million made by the Japanese company Sumitomo Electric Bordnetze GmbH (SEBN). The factory provides 2,500 new jobs. The inauguration ceremony was attended by Prime Minister Pavel Filip.

According to the Government’s press service, the Premier thanked those who provided the necessary assistance in implementing the investment project, noting its importance for the development of Moldova’s industry. “The most important thing is that 2,500 people will be able to work at home, in the Republic of Moldova, and will not have to go abroad to look for a job to support their families,” stated Pavel Filip.

The Prime Minister said the rise in investments and, respectively, in contributions to the state budget enables to increase pensions, salaries and social investments. He welcomed the vocational education project promoted by Sumitomo in cooperation with the vocational school in Orhei town, which will help train specialists for the company.

The representatives of Sumitomo said the factory in Orhei is an important element in improving the quality of production and the company will further contribute to the social and economic development of Moldova.

Currently, Sumitomo Electric Bordnetze employs 33,000 persons at 36 locations in 15 countries. The company expanded in Moldova in 2015.