According to Carlo Beltrame, CEO of Donalam, the target is to boost production capacities to 30,000 tons per month, namely over 300,000 tons per annum, in a bid to cover half of construction field demand and curb Romania’s import dependence.
Beltrame is investing EUR100 million to modernize and retool the current unit of Targoviste. The group has announced the construction of a new green steel production unit in Targoviste. Works will start in June 2023 and investments will top EUR300 million.
(English version by Catalina Apostoiu)