Baumit opens new factory close to Bucharest
Construction materials producer Baumit Romania has finalized a EUR 20 million investment in building a production unit in Bolintin Deal. It took 10 months for the project to be finalized. It will be inaugurated on May 6. Baumit posted EUR 43.1 million in revenues last year, up 30 percent on the previous year. The company is controlled by Austrian group Schmid Industrie Holding.