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BUCHAREST (Romania), December 3 (SeeNews) - Rockwool Group said on Tuesday it has opened a basal mineral wool factory in Romania following a 50 million euro ($55 million) investment.
Spreading on a 30-hectare plot of land in Ploiesti West Park, in southern Romania, the factory has an output capacity of approximately 45,000 tons per year and is the largest such unit in Romania, Rockwool said in a press release.
Products from the factory will sell mainly on the domestic market, as Romania is one of the largest markets of insulation products for the construction industry in Europe. A part of the output will be exported, especially to neighboring countries.
The factory currently employs 150 and the number is expected to grow to 170 this month. An additional 300 jobs will be created indirectly in services and logistics.
"The Rockwool factory is ready at the end of a one-year construction effort, and we have already started commercial production. Now we can proudly say that we have the first Rockwool basalt wool made in Romania," Rockwool Balkans director Florin Popescu said.
The raw material for the production at the new factory is basalt, a volcanic rock found in abundance in Romania.
Rockwool Group is a multinational manufacturer of mineral wool products headquartered in Copenhagen, Denmark. It employs 11,600 in 39 countries.