Prio Foods gives a go to a EUR 93 mln investment in Lehliu

Newsroom 04/05/2011 | 14:56

Prio Foods, part of Martifer Group, announced that starting tomorrow a new crushing unit for vegetable oil production will be fully-functional in Lehliu, Calarasi County, a EUR 93 million greenfield investment.

“This investment shows our ongoing commitment towards Romania and especially Calarasi County. We have started our operations in Lehliu in 2005 by building our biodiesel production facility and we continue to believe in the potential of this Romanian region”, stated Carlos Martins, chairman of the board Prio Foods.

The production facility has a total storage capacity of 316,000 tons for oil and 340,000 tons for meal. These volumes are achieved through an 8,000 hours activity cycle each year.

Prio Extractie plant has 15 vertical silos, each of 10,000 m3 in storage capacity, 2 laboratory units for oilseeds analysis and processing and currently employs 90 people. The company targets to increase this number up to 200.

Prio Foods is part of Martifer Group, employing 500 people in Romania. Martifer Group operates in areas such as agriculture, constructions and renewable energy production.