Austrian group Gebauer & Griller invests another 12 million euros in expanding production in Moldova and will create another 500 new jobs
This was stated by the management of the company with foreign capital GG Cables and Wires EE operating in the FEZ “Balti” during a meeting with the Prime Minister of Moldova Natalia Gavrilita, who visited the FEZ “Balti”. As it was noted, currently more than 700 employees work at 2 production enterprises of the Austrian Gebauer & Griller group in Moldova. The total investment is about $ 54 million. The company's management said it can continue to increase investment, but migration and staff shortages are a problem. “For people to stay at home, we need to increase their confidence in government institutions and tomorrow. That is why we prioritize anti-corruption, justice reform and good governance in all areas of government. We will pursue an active policy in the field of the labor market after 30 years, during which there have been practically no tangible changes in this matter. We will also continue to invest in quality education and healthcare services to develop human capital. Four years of political stability will help us do this and, most importantly, continue to attract high-class investors and create well-paid jobs, ”said Natalia Gavrilita. // 04.11.2021 — InfoMarket
