Knauf Builds Two New Plants in Romania

[Administrator]

Knauf Group of Iphofen, Germany is investing about 200 mio Euro into new capacities in Romania. 135 mio Euro will go into the construction of an additional insulation panels plant in Tarnaveni (north of Sibiu). Knauf will also build a new line for gypsum boards in Huedin, near Cluj-Napoca, estimated investment cost there is 76 mio Euro. The Romanian governments’ plans for energetic building renovation will create a significantly higher demand for insulation materials. Both plants lay in the Cluj Napoca region, from where most of Romania and also surrounding countries such as Hungary, Serbia and Ukraine can easily be reached.