Austria’s Austrotherm opens 6 mln euro plant in Romania & More Trending News

 

BUCHAREST (Romania), November 24 (SeeNews) – The Romanian arm of Austrian thermal insulation producer Austrotherm stated on Thursday that it inaugurated its third thermal insulation manufacturing unit in the nation at Calan, in the central area of Transylvania, following a 6 million euro ($6.24 million) funding.

The new 3,800 sq m unit manufacturing facility positioned close to the town of Deva will manufacture each white expanded polystyrene (EPS) and gray EPS-PLUS, using 15 in manufacturing premises, warehouses and places of work, Austrotherm stated.

The new plant seeks to ship EPS to western Romania in a shorter time and a extra energy-efficient method, complimenting manufacturing websites in southern capital Bucharest, northeastern comune of Horia in Tulcea county and the western metropolis of Arad. The Horia and Arad areas have reached manufacturing capability limits, the corporate added.

With over 25 insulating materials manufacturing amenities in 12 nations, Austrotherm entered the Romanian market in 1999, opening its first EPS manufacturing unit in Bucharest.

Austrotherm Group is a part of the Schmid Industrie Holding group. In 2021, Austrotherm Group turned over 517 million euro and tallied 1,200 staff, the corporate’s press launch reveals.

Austrotherm Romania turned over 176.9 million lei ($37.3 million/35.9 million euro) and booked a web revenue of 21.9 million lei in 2021, using 128 individuals, information from the finance ministry’s web site exhibits.

($=0.9611 euro)

Austria’s Austrotherm opens 6 mln euro plant in Romania

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Austria’s Austrotherm opens 6 mln euro plant in Romania

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Austria’s Austrotherm opens 6 mln euro plant in Romania

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