Henkel puts EUR 10 million into building its third local Ceresit factory

Newsroom 01/06/2011 | 08:09

Henkel has announced that it will invest EUR 10 million into building a new adhesives and construction materials factory in Roznov, Northeastern Romania. About EUR 3 million of the necessary money will be coming from European regional development funds, according to Henkel representatives.

Although the construction materials market is estimated to have dropped by about 15 percent last year and another 4.7 percent in the first quarter on 2011, Andrei Dumitrescu, sales and marketing manager adhesives technologies Henkel Romania said the local market still has a huge potential for growth and the company bets on a recovery of the Romanian economy next year.

The new factory should become operational in 2012 and it will have a production capacity of between 180,000 and 200,000 tons per year. It will cover mainly the Northern part of Romania as well as exports to the Republic of Moldova.

German Henkel operates another two Ceresit factories in Romania, one in Pantelimon near Bucharest and one in Transylvania at Campia Turzii.

Simona Bazavan

BR Magazine | Latest Issue

Download PDF: Business Review Magazine December (II) 2023 Issue

The December (II) 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “A Visionary Leader Entrusted With Consolidating CPI's Portfolio
Newsroom | 21/12/2023 | 14:13
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue