Austrian Wienerbeger Plans EUR22M Investment In NE Romania
Austrian group Wienerberger, one of the world’s largest brick systems makers and the largest producer of its type in Europe, announced plans to build a plant in northeastern Romania, with an investment of some EUR22 million.
Wienerberger considers Romania an especially interesting market, with potential for medium- and long-term growth, the company said in a news release Monday.
Last year, Wienerberger rented a total 41 hectares of land in Iasi, where it plans its greenfield project.
The group entered Romania in 1998. So far, the company has invested EUR75 million locally, in the construction of three plants.
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