The renewable energy facility will be built at Salrom’s Cacica salt mine in the northeastern commune of Partestii de Jos (Suceava county), according to Visual Fan. The value of the contract was not disclosed.
Visual Fan, which owns the Allview brand, reported net profit of RON5.1 million for the first nine months of 2024, at a group level, up 56% versus the year-earlier period, and a turnover of RON70.6 million, up 10% compared to the level posted in the same period of 2023.
Visual Fan is valued at RON88.7 million by investors and is 82.84%-owned by Florentin-Lucian Peticila. ALW shares have traded 7.3% higher over the last 12 months, amid deals worth RON2.8 million, in line with stock market data.
Salrom is the leading player in Romania’s salt exploitation industry.