“The year 2022 was very good for Knauf Insulation Romania, beginning with (…) the acquisition of the former Gecsat factory in Tarnaveni, Mures, and the start of the most important Knauf Insulation investment in the region, (…) the construction of the most modern mineral wool factory in Central and Eastern Europe, worth more than EUR120 million,” says Adrian Garofeanu, general manager at Knauf Insulation Romania and Bulgaria.
Last year, Knauf Insulation applied for state aid worth RON90 million to finance this investment, and according to an announcement published by the Finance Ministry on Friday, 13 January, 2023, the manufacturer is among the companies for which state aid financing agreements have been issued, along with six other companies.
Construction on the new production facility will begin this month and be completed in 2024. The plant will create more than 100 jobs and have an annual production of more than 75,000 tons of mineral wool.
(English version by Loredana Fratila-Cristescu)