REI Finance Advisors successfully obtains state aids for Austrotherm
REI Finance Advisors, one of the most dynamic consultancy companies specialized in attracting European funds and state aids for companies with activity in Romania, has successfully managed to get financing for a project worth €3 million for Austrotherm Romania, one of the biggest producers of construction materials in Romania. Earlier this year, Austrotherm decided to extend the production capacity of extruded polystyrene (XPS) at the Roman (Neamț county) plant. The total amount of the investment was €3 million 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 percent of the acquisition cost of the production equipment. “We have been looking for years at the expansion of the Romanian activity for the two thermal insulation materials we already produce in our country (expanded polystyrene – EPS and extruded polystyrene – XPS)….
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