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Posted by: Daniela Socolovschi
News / Economic
04 Dec. 2021 / 14:35
A plant with a capacity of 150 thousand tons of steel will be built in Balti
A plant with a production capacity of 150 thousand tons of concrete steel will be built on the territory of the Balti Free Economic Zone. The enterprise will be located in the village of Panasesti and will generate 250 jobs, with an average salary of approximately 600 euros. The investment is estimated at 14 million euros and will purchase raw materials worth 40 million euros annually.
According to a press release issued by the Investment Agency, the company's founders are from the Republic of Moldova with experience in Romania.
The plant will have a hall of 12 thousand square meters and a production capacity of 150 thousand tons of concrete steel of 8-32 mm, 5000 tons being exported monthly to Romania. It will use the technology of metal smelting by induction, which is considerably more environmentally friendly, with some environmental impact parameters being much smaller.
The representative of the investing company, Alexandru Rotaru, explained the specifics of the production process and what technologies will be used, but also who are the potential customers of the company on the territory of the country and abroad.
"In the Republic of Moldova, 20-30 thousand tons of waste are generated every month, there is a need for 16 thousand tons of concrete steel. So we have a waste that is also a source of raw material for us: we transform it from a useless product into a construction product. Practically 70 percent of such waste is generated by Chisinau, which is also the largest consumer of concrete steel, and we are 35 km away, "said Alexandru Rotaru.
In the Republic of Moldova, about 20-30 thousand tons of ferrous waste are generated monthly. The need for concrete steel of the Republic of Moldova is 16 thousand tons per month.
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