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Analiza ZF · Economic

EBRD To Invest EUR6.8M In Romania’s First Recycling Park

The European Bank for Reconstruction and Development will invest EUR6.8 million in the Green Group recycling park in Romania, the first such park in the country, the bank said in a statement Friday.

de Florentina Dragu , 24658 16.12.2011 · 17:52 1 min de citit

EBRD is providing the investment alongside Global Finance’s South East Europe Fund, which is contributing EUR16.7 million to Green Group’s equity.

Green Group is a newly created holding company, set up by Romania’s plastics manufacturer Romcarbon SA, to manage, operate and expand its existing recycling services.

The new recycling park will comprise four companies collecting and recycling plastic, electric and electronic waste, as well as fluorescent lamps, EBRD said.

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