The Italian group Beltrame plans to triple the production capacity this year at the Târgovişte plant. The increase will lead to a total production capacity of the combined plant of 300,000 tons per year. The company is investing EUR 100 million in the modernization and retechnology of the current unit and has announced the construction of a new green steel production unit in Târgovişte. The works will start in June 2023, and the investment will exceed EUR 300 million.
“The plant in Târgovişte, the only full-cycle steel-concrete producer in Romania, has a production capacity of about 10,000 tons/month. The objective for 2023 is to increase this capacity to 30,000 tons/month, i.e. over 300,000 tons/year, to cover half of the internal needs of the construction sector and reduce Romania’s dependence on imports,” says Carlo Beltrame, CEO of Donalam, part of the Beltrame group.
