Knauf Group invests more than two hundred million euros
The Knauf Group supports the Romanian government’s renovation and energy saving offensive through the particular expansion of the capacity of its local plant. The Knauf Insulation Group unit is building another isolation plant next to its current site in Tarnaveni, north of Sibiu. Existing production tool, in operation since 2008, the double site will multiply its annual production. Knauf is making a total investment of around 135 million euros in the Tarnavi site.
Meanwhile, a new plasterboard generation plant is being built in the town of Huedin, Transylvania, at a cost of about 76 million euros. In total, Knauf directly creates some two hundred new jobs through local investments, many of which involve highly qualified personnel. Both plants are being built in the region around Cluj, where they will be strategically placed to supply Romania and neighboring countries with fashionable building systems.
As the global market leader in sustainable lightweight construction, Knauf’s expansion supports the government’s ambitious plans to renovate energy-efficient buildings and fix up the country’s housing stock. Romanian Prime Minister Nicolae Ciucă welcomed Knauf’s initiative: a sign of confidence that strengthens economic relations. We greatly appreciate the recent commitment of Knauf. La company has been expanding its presence in Romania for many years.
“This commitment demonstrates our confidence in the country and in our employees. We hope to be part of the local community,” said Alexander Knauf, managing partner of the Knauf Group. “Together we are setting new criteria for structure and life in Romania. I am very pleased that with this investment of more than two hundred million euros, we can the energy saving initiative by offering the mandatory structure materials.
The national regression plan foresees a six-fold construction in the domain of the structure of renovated housing in Romania over the next few years, at best. Romania has earmarked around €30 billion of investment for this goal in its Recovery and Resilience Fund (NRSP) until 2026 alone. This budget will be complemented by an additional budget, for example from the EU Structural Funds. The government needs to better equip the population against fluctuations and increases in energy prices. In addition, the renovation of energy-efficient buildings strengthens regional progression through the creation of growth, jobs and increases in asset values.
Also taking climate change into account, the structures sector is at the heart of Romania’s modernization offensive. Much of the existing housing inventory in the country needs renovation. In the future, new structures will be built in an energy-efficient manner. therefore, 35% of CO2 emissions in the European Union come from structures. The use of insulating fabrics reduces dependence on energy imports and reduces the monetary burden on users, especially low-income households. Dry structure generation also has a lower CO2 intensity than the regional forged structure, is ideal for prefabrication and the curtain is completely recyclable.
The importance of the Romanian market for Knauf Group has increased in recent years. While the country first imported Knauf construction fabrics, the company now produces much of the products to meet local demand here and exports to neighboring regions. In doing so, , Knauf promotes intelligent neighborhood. The sister site in the Czech Republic serves as the style for the new insulation plant in Romania. Here too, Knauf prefers to source raw fabrics from the region and supports local communities, by renovating old residential buildings or network services such as kindergartens or playgrounds, for example.
The Knauf Group is a foreign company of the circle of relatives founded in Iphofen, in the Franconian district of Bavaria, Germany. The fabric manufacturer operates more than three hundred production plants and sales organizations in more than 90 countries on all continents and is a world leader. in the manufacture of plaster-based fabrics and construction formulas, energy-efficient insulating fabrics and formula solutions in the roofing sector. Founded in 1932, the Knauf Group achieved a turnover of 12. 6 billion euros in 2021 and employs around 40,000 people worldwide.
Visit our to learn more about the Knauf Group in www. knauf. com.
Press contact: Dr. Tobias K. Stricker | Phone: (0)9323/31-2252 | Fax: (0)9323/31-2241 | tobias. stricker@knauf. com
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