# Baumit to invest EUR 3M in new plant in Şag, Romania

Austrian building material producer Baumit will invest EUR 3 million in a new plant in Şag commune, near Timişoara, Romania, in a first stage.

- Type: Investment
- Announced: 2019-07-12
- Where: Şag, near Timişoara, Romania
- Value: $3.37M (3.00M EUR)
- Status: announced
- Products: building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Baumit GmbH](https://endata.com/companies/32628.md)
- [Baumit Romania](https://endata.com/companies/40601.md)

## Sources

- [romania-insider.com](https://www.romania-insider.com/baumit-plant-sag), 2019-07-12: "Baumit Romania, a Romanian company with Austrian capital, member of Schmid Industrie Holding Group, with a consolidated turnover of over EUR 2 billion a year, will come to invest in our commune over EUR 3 million in a first stage."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.