This investment plan comes after Knauf Insulation bought the Gecsat mineral wool factory in Tarnaveni, Mures County, earlier this year.
“In the meantime, the production facility has been undergoing an extensive process of retooling and upgrade in order to reach Knauf Insulation quality standards. As we implement the stages of the investment, we will provide updated information,” Knauf Insulation Romania representatives told ZF.
With this move, the German group made the switch from distribution only to manufacturing in Romania, as well.
The acquisition was made in the context of Knauf Insulation’s need for larger production capacity to meet demand from Eastern Europe and the Commonwealth of Independent States (several countries in Eastern Europe and Asia).
(English version by Loredana Fratila-Cristescu)