Italy's Univer to establish China HQ with 300-mln-yuan investment

NAMPA / Xinhua

2025-11-18

NANJING, Nov. 18 (Xinhua) -- Italian industrial automation company Univer Group on Tuesday signed a 300-million-yuan (about 42 million U.S. dollars) investment agreement with Taicang City, east China's Jiangsu Province, to establish its China headquarters. The project will involve R&D as well as the production of pneumatic components and clamping cylinders. It is expected to generate an annual output value exceeding 500 million yuan. Liu Lo......

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