Policolor, one of the largest players in the local market of paints and varnishes, has acquired a 2.5 ha in Bucharest where it plans to build a new €7m plant. The entire project requires an investment of about €7 m. “Policolor offices will be relocated by the end of this year in a rented building and in the near future the office will be moved to the location of the factory, in the second phase of construction.” the company said in a statement, according to Mediafax. The new plant will produce automotive paints and decorative paints on the basis of water.
