“Recently, a delegation of Chinese group Sinovel’s International Business Department has visited Bucharest-based Faur factory. Talks were held with the company’s management on accomplishing projects in the energy field, in partnership with the Bucharest-based company,” according to a statement of the Chamber of Commerce.
Sinovel initially planned to open a factory in Romania but after visiting Faur, they decided to start production here, Faur’s general manager Mariana Hristea told Mediafax.
“If we sign the deal with them, we will make important investments and buy new production lines,” said Hristea.
Negotiations are underway and a deal may be signed over the next months.
“We will produce in partnership new wind turbines. They come with the know-how and we come with production facilities,” added Hristea.
Sinovel operates in Romania two average sized projects and aims to further develop wind parks.