Romanian ironmakers: ‘We can’t sell our products’
RTE 6 May 15 : 19:50:55 Romania’s largest steelmaking company is set to open an ironmaking facility in the capital Bucharest.
Romania’s biggest steelmaking giant is set for an ironworking plant in the Romanian capital.
Romanian steelmaker Hisarna Ironmaking has signed a memorandum of understanding (MoU) with Romania’s National Ironworks Agency (NIA), which aims to expand its ironmaking capabilities to a number of countries.
The company, which employs more than 50,000 people in Romania, is set on expanding its workforce to more than 1,000, and will invest an additional $15m (£10m) in the facility, the NIA said.NIA director general Marius Popescu said the company would begin operations in 2018, and that it would invest an extra $15 million to increase the capacity of its ironworks to 2,000 employees.
“We are now ready to expand and we will invest even more in this area, we are ready to hire more employees,” Popescus told RTE.
“I am convinced that this facility will give us a better chance of expanding our operations and our output in Romania,” he said.
“There is no other ironmaker in Romania that is able to produce such high quality and to do it in a safe and secure environment.”
The company is planning to open the factory in 2019.
We are also very confident that the ironmaking capacity will grow.
“Romania has one of the most extensive ironmaking operations in Europe, employing around 200,000 workers.
The country also produces more steel than any other country in Europe and is ranked third in the world for its steel production.
Its steel industry is widely regarded as the second-largest in the European Union behind Germany.
The government said the facility will provide opportunities for Romanian steel producers to increase their output and increase the quality of their products.
The agreement with NIA also aims to create a new company for the Romanian steel industry, which would be an official branch of the government.
The NIA, which is based in Brest, is one of Romania’s biggest industrial authorities.
The head of the Romanian Ironmaking company, Antonescu Pajic, told RTV that he hopes the new facility will lead to greater export opportunities.”
It is good news that the company is going to invest in the future,” he told the channel.”
In addition, we will work with our partners and customers to bring a better quality product to market.
“The NAA has said that it is committed to increasing production and quality of steel.