Romania gives EUR 70 mln grants to replace closed sunflower oil plants
Grants in total amount of RON 350 million (EUR 70 million) were given to two Romanian entrepreneurs under the Investalim scheme aimed at the food industry for developing two sunflower refining plants in Agigea (Constanta County) and…
iulian ernst · Journalist
· Updated · 2 min read
Grants in total amount of RON 350 million (EUR 70 million) were given to two Romanian entrepreneurs under the Investalim scheme aimed at the food industry for developing two sunflower refining plants in Agigea (Constanta County) and Tantareni (Gorj County) under two projects with a total value of RON 650 million.
The investments come after a broad consolidation carried out by the foreign investors in the industry over the past decades, with several major sunoil plants being acquired and closed down – one of which was operating not far from the location of the new plant developed in Tantareni.
