Colgate-Palmolive relocates Romanian plant, moves to Poland

(Thomson Financial delivered by Newstex) -- Colgate-Palmolive (NYSE:CL) Co will close its toothpaste factory in Brasov, central Romania, between now and the end of 2008 and transfer the plant's production to Poland, the company said.

The move comes as part of Colgate-Palmolive's aim to consolidate its production in eastern Europe. The re-organisation will be carried out gradually and should be completed by the end of 2008, it added.
Source: money.cnn.com