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Germany’s Draexlmaier Opens New Factory in Romania

German car parts maker Draexlmaier is to open a new factory in Pitesti, in southern Romania, where it will manufacture components and wiring.

Some 500 people will be hired, adding to the existing some 14,000 people who already work for Draexlmaier in its five Romanian factories, the company said on Tuesday.

EU Grants Visa-Free Travel to Moldovans

Moldova on Monday became the first country east of the EU whose citizens have the right to visa-free travel to the 26 European countries that comprise the Schengen area.

Moldova won the approval of the EU for the change after undertaking a series of reforms, including providing secure travel documents and improving border and migration management.

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