16 million lei investment in a Carpatcement plant

A.T.(Tradus de Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 23 martie 2010

The Ministry of the Economy and Carpatcement Holding have signed the financing agreement for a project worth 16,572,100 lei, intended to increase the output and the turnover of the cement maker. According to the press release received by our editors, the project, which will receive funding from the European Fund for Regional Development under the Operational Program "Increasing Economic Competitiveness" (POS CCE), will be implemented by May 11, 2011, at the Bicaz branch of Carpatcement Holding - the Taşca plant, county of Neamţ. Out of the total amount of 16,572,100 lei, 6,358,303 lei will come from an EU grant.

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