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Lasselsberger to build 166 mln euro plant in Romania - report

Jun 11, 2024, 9:54:55 AMArticle by Alexandru Cristea
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June 11 (SeeNews) - Austrian building materials maker Lasselsberger, which owns the Romanian brand Cesarom, plans to buld a factory worth 823.6 million lei ($177.9 million/165.5 million euro) in Romania's northwestern commune of Sandulesti, Cluj county, local news outlet Economica.net reported.

Lasselsberger to build 166 mln euro plant in Romania - report
Cesarom rectification line at Cluj-Napoca factory Source: Lasselberger Ceramics Romania

Lasselsberger has requested a non-refundable state aid of 133.2 million lei for the construction of the factory from the Romanian government, Economica.net reported on Friday.

In exchange for the state aid, the company will cover the operational and maintenance expenses of the factory, as well as other unforeseen costs, for at least five years following the development of the project.

Last year, Lasselsberger invested 1 million euro in a new production line for the rectification of ceramic tiles at its Cluj-Napoca production facility.

(1 euro=4.9765 lei)

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