# Knauf invests over €200M in two Romanian factories

Knauf is investing over €200 million in two factories in Romania: €135 million to modernize the Gecsat glass mineral wool plant in Tarneveni, and €76 million to build a new plasterboard and metal profiles factory in Huedin. The Huedin factory is expected to create 100 jobs.

- Type: Investment
- Announced: 2022-10-12
- Where: Tarneveni and Huedin, Romania, Romania
- Value: $196.0M (200.0M EUR)
- Jobs: 100
- Starts operating: Q3 2024
- Status: announced
- Capacity: more than 75,000 tonnes of mineral wool per year
- Products: glass mineral wool, plasterboard, metal profiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Knauf](https://endata.com/companies/21151.md)

## Sources

- [theconstructionindex.co.uk](https://www.theconstructionindex.co.uk/news/view/knauf-invests-in-romanian-production), 2022-10-12: "Knauf Insulation plans to invest in cutting-edge technologies and upgrade the Romanian plant, bringing the manufacturing processes to our high-quality standards."

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