AFV Beltrame Group decides to invest 250 million euros in an eco-friendly rebar and wire rod factory in Romania, unique in Europe
VICENZA, Italy, July 8, 2021 /PRNewswire/ -- After a comprehensive feasibility study, AFV Beltrame Group, one of the largest producers of steel bars and special steels in Europe, approved an investment of 250 million euros to build an eco-friendly rebar and wire rod factory in Romania.
- VICENZA, Italy, July 8, 2021 /PRNewswire/ -- After a comprehensive feasibility study, AFV Beltrame Group, one of the largest producers of steel bars and special steels in Europe, approved an investment of 250 million euros to build an eco-friendly rebar and wire rod factory in Romania.
- The facility developed by AFV Beltrame Group will have a production capacity of approximately 600,000 tons / year.
- The internal production of rebar and wire rod has the potential to become a pillar for the Romanian economy," said Carlo Beltrame, Country Manager AFV Beltrame Group in France and Romania.
- In the construction sector, the internal use of rebar and wire rod amounts to about 1.4 - 1.5 million tons per year.