# HAI Group completes €125M investment package in aluminium production

Hammerer Aluminium Industries has completed a €125 million investment package launched at the end of 2022, including a new 40 MN extrusion line in Cris, Romania, a 61 MN extrusion line in Ranshofen, Austria, and a new 14,000 m² logistics center in Ranshofen.

- Type: Investment
- Announced: 2024-05-16
- Where: Ranshofen, Austria; Cris, Romania, Austria
- Value: $135.0M (125.0M EUR)
- Status: completed
- Products: aluminium profiles, extruded aluminium
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hammerer Aluminium Industries](https://endata.com/companies/29987.md)

## Sources

- [hai-aluminium.com](https://www.hai-aluminium.com/en/2024/05/hai-group-invests-125-million-euros-in-sustainable-aluminum-production-and-expands-its-leading-role/), 2024-05-16: "The broad strategic focus and the will to shape the future encouraged the management of the HAI Group to launch a 125 million investment package at the end of 2022."

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