The Romanian Industry and Energy Ministry is seeking foreign investors for a USD 100 million (EUR 94.3 million) float glass plant for window panes, it was reported on 24 March 2003.
The plant would h…
The Romanian Industry and Energy Ministry is seeking foreign investors for a USD 100 million (EUR 94.3 million) float glass plant for window panes, it was reported on 24 March 2003. The plant would have a capacity of 600 tonnes of panes a day. The Romanian side would provide 15% of the total needed investment. The ministry is also looking for foreign investors for three investment projects worth a total of USD 70 million (EUR 66 million) at Romanian glass plant Stirom in Bucharest, including a glass bins production line, and two investment projects totalling USD 8.0 million (EUR 7.5 million) at glass maker GES in Scaieni, southern Romania, including a line for manufacturing silver-coated glass and another for reflective glass with controlled absorption of energy. The ministry has also proposed a USD 30 million (EUR 28.3 million) investment project at glassware manufacturer Vitrometan in Medias, central Romania, and a USD 10 million (EUR 9.4 million) investment project at ceramics maker Electroceramica in Cluj, western Romania. It is envisaged that both projects will involve the building of facilities.