Romania: Soufflet to invest 46 mil Euros in a malt factory in Buzau
Soufflet Romania, a subsidiary of French malt producer Soufflet, is to build a 46 mil Euros malt factory in Buzau, its third unit in Romania, Ziarul Financiar published March 23.
The factory will start production in autumn 2008, Constantin Boscodeala, Buzau’s mayor, said in a statement. “The investment is 46 mil Euros, which makes it one of the biggest investment in our city”, he also said. Soufflet Romania announced the investment in mid 2006, when it had been estimated at 25 mil Euros. It also said that Buzau factory would produce malt for Ursus Breweries.
Soufflet is the owner of malt factories in Pitesti, Buzau and raw materials warehouses in Timisoara. The Soufflet Group is the European biggest malt producer.
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