# Electroplast invests €9M to modernize Bistrita cable factory

Romanian electrical cable manufacturer Electroplast is investing over €9 million to modernize its factory in Bistrita, tripling production capacity and reducing energy use.

- Type: Investment
- Announced: 2024-11-06
- Where: Bistrita, Bistrita-Nasaud county, Romania
- Value: $9.70M (9.00M EUR)
- Status: announced
- Capacity: triple production capacity
- Products: electrical cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Electroplast](https://endata.com/companies/81384.md)

## Sources

- [seenews.com](https://seenews.com/news/romanias-electroplast-investing-9-mln-euro-in-factory-overhaul-1266158), 2024-11-06: "These initiatives align with global trends, which indicate a 50% increase in energy consumption by 2040, requiring sustainable and efficient technological solutions."

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