22 October 1998: According to a recent press report, Belgian glass, cogs and metals engineering specialist BMT of Boechout, which is listed on the Brussels stock exchange, has begun production at its …
22 October 1998: According to a recent press report, Belgian glass, cogs and metals engineering specialist BMT of Boechout, which is listed on the Brussels stock exchange, has begun production at its subsidiary BMT Romania SRL in Iasi. BMT“s negotiations with the Romanian authorities regarding the acquisition of the buildings and land of a former state-owned company have been slow and difficult with the Romanian authorities asking what BMT considers an unrealistic price, the report said. BMT thus decided to hire a plant near to the one it wishes to acquire and has taken on twenty people.