The investment enables the switch from mass to top quality production in the automotive and aeronautics fields.
Alro representatives told a press conference on Thursday that the company signed in early September a financing contract for the implementation of the project called “Investments in the R&D Department of ALRO, meant to improve the research infrastructure on the segment of heat-treated sheets made of aluminum alloy with high qualification industrial application.”
The project is co-financed from the European Regional Development Fund through the Competitiveness Operational Programme (COP) 2014-2020, and is worth a total RON115,037,887.76. Non-reimbursable financial assistance reaches RON35,984,347.05 and the period of implementation covers 24 months.
The purpose of the project is the acquisition of research-development equipment, independent equipment for the research of the hardening process of the aluminum alloy sheets, independent equipment for the research of the internal tension elimination process from the aluminum alloy sheets no thicker than 20 mm and independent equipment for the research of the aging process of the aluminum alloy sheets.
Victor Catavei, consultant within the project, said the project aims to attract new segments of clients, and to enable the switch from mass to top quality production, targeting among others, the automotive and aeronautics fields.
In addition to R&D projects, Alro also invests in 2016 in energy efficiency and in expanding its client portfolio by increasing the production capacity of the processed aluminum sector (heat-treated sheets, coated products), as well as in ensuring the continuity and safety of the company’s technological processes.