Saint Gobain opens EUR 7 mln mortar factory in Romania, one of the few countries in its European chain which brings growth

French group Saint-Gobain recently opened its third factory in Romania, following a EUR 7 million investment. Saint-Gobain Weber's newly opened mortar factory in Suceava, Northern Romania, will have an annual production capacity of 100,000 tonnes. The factory will in a first stage serve the Suceava county, as well as the nearby counties of Botosani, Iasi and Neamt. The factory on Stroiesti, Suceava, currently has nine employees, and will increase the staff to 25. The Saint Gobain group has 1,100 employees in Romania and a yearly turnover of EUR 160 million, according to Francois Xavier Moser, the director of the French group for Poland, Romania and Bulgaria. Romania was one of the few countries where the group managed to achieve growth in the first six months of this year. The Saint-Gobain Weber group has 180 factories in 49 countries, and annual revenues of some EUR 2.4 billion. editor@romania-insider.com (photo source: Saint Gobain's website)