Next year, the company will become wind power producer, will continue staff recruitment and invest in expanding its production capacities.
“We are keeping this year’s growth forecast and expect an almost 20% turnover rise against last year. The number of EnergoBit employees will reach over 900 this year, 100 more than last year,” Peter Pal, executive vice-president and one of the shareholders of EnergoBit, told ZF Transilvania.
The EnergoBit group, one of the leading players on the market of energy equipment, consists of 16 companies, with the leading one being EnergoBit, a contractor of electrical installations and specialized engineering services. The group is based in Cluj, has branches in several Romanian cities and production facilities in Cluj and Jibou.
The Cluj-based group plans a EUR40 million investment for the coming period in building a 27-megawatt wind farm in Tulcea (south-eastern Romania). The company leased a 67-ha plot in Tulcea a few years ago, where 9 turbines will be set up. The investment will be made both from the company’s own funds and from bank loans, and is set for completion next year.
“As concerns the Tulcea investment, auction procedures for execution works are being finalized. We believe execution works will start next year,” said the executive vicepresident of EnergoBit.
EnergoBit also plans a future investment of EUR10 million into expanding the production capacity of the Jibou plant, in Salaj county (NW Romania), which currently makes voltage transformation substations.
In addition, EnergoBit designs and builds electrical works for CEZ’s 600-megawatt farm in Fantanele and Cogealac in Dobrogea (SE Romania). Apart from the contract with CEZ, EnergoBit also has collaborations with Petrom, ButanGas and Energias de Portugal, companies that invest hundreds of millions of euros in green energy. Green energy has come to account for around 20% of EnergoBit’s turnover.
The group said as early as last year it wanted to attract partners to develop the business. EnergoBit has received several offers from several private investors so far, and negotiations could continue into next year.
(English version by Daniela Stoican)