Ljubljana – Lonstroff AG, part of Sumitomo Rubber Industries, has received €4.8 million in funding from the Slovenian government to progress its medical parts production plant in the country.
In an 18 April statement, the Slovenian government confirmed the funding for the €50-million project in Logatec.
Sumitomo announced the planned investment in August last year.
The plant, which is scheduled to be completed by mid-2020, is expected to create 180 jobs.
Lonstroff, based in Merenschwand, Switzerland, produces and sells rubber parts for pharmaceutical primary packaging and rubber parts for…