Businessman Ioan Tecar Invests EUR20M To Double Output At Dej Plant

05.21.2014 By Laurentiu Cotu

Businessman Ioan Tecar, owner of group MG-Tec, which includes 10 companies, started a EUR20 million investment from own funds and state aid of EUR10 million to acquire and install a tissue paper production line. In the wake of the project, the production capacity of the Dej plant will double from 25,000 tons at present, to 50,000 tons in late 2015.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: Ioan Tecar; , MG-Tec

Comment

Username:
Password: