Austrias Wienerberger to build EUR 22mn brick plant in Romania.

By bne IntelliNews January 24, 2012
Austrian brick maker Wienerberger plans to build a EUR 22mn plant in the Iasi region in northeastern Romania, the company said on its website. The region offers a market with good growth potential and will contribute to the country-wide expansion of Wienerberger, which already has three factories in Romania, the statement said. The company entered the Romanian market in 1998 and has invested EUR 75mn since then, turning into a market leader in its segment. The local markets long-term growth prospects are strong as there is still need for new construction, the company said. The investor is currently obtaining building permits for the planned new factory after taking on lease 41 hectares in the Iasi county.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278

Related Articles

Romania to spend EUR 37mn in 2013 to close down loss-making coal mines.

Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more

Romanias Hidroelectrica sells nearly 0.3TWh of electricity on free market.

Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more

Romania to start privatisation of cargo railway company on April 6-8.

The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more