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URB’s unit in India to be run by Romanian managers

By Anca Bernovici On Nov 18, 2014

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Turkish Group URB owner of Rulmenti Barlad, will send a Romanian team to lead the bearing factory which is under construction in India. According to Esin Ugurtay, business development director of URB, the construction unit is expected to be completed by the end of next year, and the initial investment amounts to USD 10 million. The Turkish group has invested USD 125 million in Romania so far.

URB has other two bearing factories in Hungary and Turkey, but the domestic unit is the largest. “The plants in Romania, Hungary and Turkey have an aggregate turnover of USD 70 million. The URB’s factory in Barlad will have USD 56 million businesses this year,” said, Mustafa Tunca Dingiloglu CEO of Rulmenti Barlad.

Esin Ugurtay added that in the last three years over 200 manufacturers of bearings have gone bankrupt, worldwide, but the Barlad unit reorganized its activity and developed new products and made investments.

Rulmenti Barlad is a worldwide supplier of bearings and services in the rolling bearing business. The company is among the biggest producers of rolling bearings from South East of Europe and is known in the world market more than 60 years.

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bearing Esin Ugurtay factory investment Mustafa Tunca Dingiloglu Romanian managers Rulmenti Barlad Turkish group

Anca Bernovici

I started my way in life with the intention to pursue a teaching career. But, after graduating from the Faculty of Letters – the University of Bucharest in 2004, my first job as a reporter at one of the leading newspapers in Romania changed my perspective. I have specialized in communication and communication campaigns, following the Master's courses at the Faculty of Journalism and Communication Studies (FJSC), attending a BBC Communications scholarship.
I’ve represented several important publications in Romania as business journalist, being accredited in the finance and banking field. In 2015, I had the opportunity to interview the International Monetary Fund (IMF) Mission Chief for Romania, Andrea Schaechter. As business journalist, I also had the opportunity to interview ministers for Economics and Commercial
Affairs offices within different embassies in Romania or officials of large companies investing on the domestic market.
After almost 15 years of journalism, I still want to explore new ways, to inform and stay updated. That’s why The Romania Journal project fits me so well.
Today I describe myself as a passionate about the history of world culture, having a PhD in Hebrew Culture and Civilization, after a scholarship at the University of Haifa International School, as a language addict, an environmental activist, pet lover and traveler.

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1 Comment

Visharad Malodkar says 9 years ago

Romanian Managers! Is URB looking at India as a base to export bearings or will it enter into fierce local competition as well. Last, we heard URB was planning a factory in Mt. Abu, Rajasthan. Do we have a confirmation on the location yet?

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