Romcarton Bucharest to launch new corrugated cardboard plan
(Bucharest, Romania, Jan. 27, 2017) Romanian corrugated cardboard maker Romcarton Bucharest has unveiled plans to open a new production facility in Popeşti-Leordeni, in the country’s southern part.
To carry out the investment, Romcarton Bucharest has obtained a bank loan of €29.6 million, of which some €27.5 million will be used to construct the facility, and the remaining €2.1 million will be used to purchase new machinery and related equipment.
The funds were acquired from local bank Banca Comerciala Romana, according to the information obtained by local business news site Profit.ro. (Source: industry report)