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TeraPlast to build a a new production facility for biodegradable packages

17 november 2020

In Bulgarian   In Macedonian   In Romanian   In Serbian

 

TeraPlast Group  is asking for funding of EUR 5.8 mln under the state aid scheme to stimulate investments with a large impact on the economy, BalkanEngineer.com learned from RomaniaJournal.com.

 

 

The support is related to the company's EUR 11.8 mln project for the construction of a plant for production of biodegradable packages.

 

The implementation of the project, which started in November 2020, is expected to take 25 months. The investment project includes the acquisition of modern production equipment and construction of new facilities. The bags, sacks and packaging produced by TeraPlast Group will be at least 90% biodegradable and will be certified as "OK Compost" according to SR EN 13432.

 

In addition, 93 new jobs will be created in the company.

 

Source of images: freepik.com

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