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Ford divests portion of Spanish manufacturing facility to Chinese competitor
ORF·US · ES · CN·about 5 hours ago
Timisoara has shifted its industrial base from low-value assembly to high-value automotive engineering and R&D, attracting major investments from Porsche, Bosch, Huf, and Tesla. The development of the Iulius Town commercial complex reflects this economic maturation, signaling a broader trend of regional industrial upgrading in Western Romania.