The total amount of the investment was 3 million euros and will go toward expanding the production plant and a modern XPS production line, which will increase the plant’s capacity to 200.000 m3/year. The project was carried out through GD 807/2014, the scheme which provides non-reimbursable financing of 50% of the acquisition cost of the production equipment.

Austrian group Schmid-Industrie-Holding, controlling the Romanian producer, owns three expanded polystyrene and one extruded polystyrene factories in Romania, located in Bucharest (exit to the A1 motorway), in Arad and Roman (Neamt county), with their annual production capacity of 700.000 m3 expanded polystyrene and 200.000 m3 of extruded polystyrene.