November 23 (SeeNews) - Zentiva Group Romania said that it has invested in a renewable energy project with a total installed power of 200 kW at its Labormed plant in Bucharest.
The project which will provide 10% of the necessary energy consumed by the Labormed factory, Zentiva said in a press release on Tuesday.
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The investment was made into 372 solar modules with an output of 540 Wp and was executed over the course of three months by Electrica Furnizare.
The project will contribute towards Zentiva's commitment to reach carbon neutrality by 2030, the release further showed.
"In a practical and measurable way, the installed system will help us reduce CO2 emissions at the Labormed factory by 50 tonnes" said Margareta Tanase, Director of Industrial Operations for Zentiva Romania.
In Romania, the Zentiva group brings together Zentiva SA [BSE:SCD], Labormed-Pharma, Labormed Pharma Trading (formerly Alvogen Romania), Be Well Pharma S.R.L. and Solacium Pharma, the latter being a distributor of dietary supplements, medical devices and OTC products.
Zentiva SA's shares traded 0.96% higher at 2.1 lei ($0.44/0.43 euro) on the Bucharest Stock Exchange by 1049 CET on Wednesday.
(1 euro=4.9253 lei)