The project entails the installation of 31,680 solar panels in the adjacent area of the town of Adjud, on a 29-hectare land. The energy generated by the solar park will be used by the company during the production process and the excess energy will be delivered in the national electricty transmission and distribution network, according to BRD officials.
Vrancart S.A. is one of the leading players on the corrugated cardboard and sanitary & hygienic paper market in Romania.
Vrancart, established in 1977, has been listed on the Bucharest Stock Exchange since 2005 and its shareholders are Lion Capital S.A. and Paval Holding.
BRD Groupe Société Générale operates a 432-unit network and its total assets stood at RON77 billion at the end of September 2023.