“We are on schedule with the investment and the second plant will be completed by yearend. We have already hired 60 people and have our contracts for next year. Most of the production goes abroad, we only sell 8% on the local market. Demand for our products from food industry customers is on the rise,” Daniel Costan, Tosmur’s chief financial officer in Romania, told ZF.
Tosmur started construction to expand the plant early last year and the investment includes EUR28 million state aid. The investment initially stood at EUR75 million, but the officials of Tosmur say it has increased since.
(English version by Loredana Fratila-Cristescu)