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News Siniat Romania to close Bucharest plant and Nucsoara quarry in 2016

Siniat Romania to close Bucharest plant and Nucsoara quarry in 2016

Written by Global Gypsum staff
08 December 2015
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Romania: Siniat Romania, part of Belgium's Etex, will close its plant in Bucharest and quarry in Nucsoara in February 2016 in order to concentrate production at its recently-opened Turceni plant.

The decision was taken because Turceni has a better geographic proximity to the company's sales markets in south-east Europe, according to General Manager Marc-Andre Fritsche. The Turceni plant was opened in October 2015 in Gorj, south-west Romania, with an investment of Euro50m. It will incorporate the company's wallboard production activity and extend the portfolio with more complex products.

Siniat Romania has another plant in Aghiresu, Cluj. It posted a Euro25.8m turnover in 2014 and a loss of Euro1.15m.

Last modified on 06 January 2016
Published in Global Gypsum News
Tagged under
  • Romania
  • Siniat
  • Etex
  • Plant
  • GGM23

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