New IoT devices factory in Romania

Bucharest, Sept. 23, 2022: Romanian tech group Bobnet said it has inaugurated an Internet of Things (IoT) devices factory in Pitesti in the south of the country. The company will invest up to 10 million euro ($9.86 million) in the coming years to expand production capacity.

The total investment in the project is estimated at 5-10 million euro, to be allocated in stages, depending on production volumes and the number of orders.

The factory is already producing Bobnet’s bobconcierge vending machines, and has orders for 400 such units.

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