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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Austrian polystyrene producer Austrotherm expands Romanian plant

The local subsidiary of the Austrian group Austrotherm, which produces polystyrene panels for construction, has obtained state aid for expanding one of its three plants in Romania, under a EUR 3 million project.

"The production capacity of the extruded polystyrene plant in Roman will reach 200,000 cubic meters per year. Investments will continue in 2021," says Laurentiu Istrate, General Manager of Austrotherm Romania.

The company was advised by REI Finance Advisors, which specializes in attracting European funds and state aid for companies operating on the Romanian market.

Austrotherm decided to expand its extruded polystyrene (XPS) production capacity at its Roman plant earlier this year.

The total value of the investment amounts to EUR 3 mln, which will go into expanding the production hall and a modern XPS production line. 

(Photo: Austrotherm Romania Facebook Page)

[email protected]

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Austrian polystyrene producer Austrotherm expands Romanian plant

The local subsidiary of the Austrian group Austrotherm, which produces polystyrene panels for construction, has obtained state aid for expanding one of its three plants in Romania, under a EUR 3 million project.

"The production capacity of the extruded polystyrene plant in Roman will reach 200,000 cubic meters per year. Investments will continue in 2021," says Laurentiu Istrate, General Manager of Austrotherm Romania.

The company was advised by REI Finance Advisors, which specializes in attracting European funds and state aid for companies operating on the Romanian market.

Austrotherm decided to expand its extruded polystyrene (XPS) production capacity at its Roman plant earlier this year.

The total value of the investment amounts to EUR 3 mln, which will go into expanding the production hall and a modern XPS production line. 

(Photo: Austrotherm Romania Facebook Page)

[email protected]

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