JTEKT Corporation, part of the Toyota Group, was created in January 2006 by the merger of two companies: Koyo Seiko Co. and Toyoda Machine Works. (source: bursa.ro)
JTEKT invests 125 million euros in expanding the plant in Alexandria
The Japanese corporation JTEKT, which owns Koyo Seiko Romania, wants to invest 125 million euros in the factory in Alexandria, in order to be able to produce specialized auto parts needed by Toyota Motors in the Czech Republic.