In March last year, Knauf Insulation officially became the owner of the former Gecsat S.A. mineral wool factory. from Tarnăveni. In the first stage, completed last year, more than 4 million euros were invested in the modernization and re-engineering of the existing factory, taken over by the company at the beginning of the year, to increase the production from 7,000 tons per year of mineral wool to 10,000 tons.
The construction of the new production facility, which started in early 2023 after obtaining all necessary approvals, is due to be completed in 2024 and will be the most modern Knauf Insulation glass mineral wool plant in Central and Eastern Europe. The production facility will create more than 100 new jobs and ensure an annual production of more than 75,000 tons of mineral wool with the aim of serving both domestic needs and markets in Central and Eastern Europe. The company started simultaneously with the start of the construction and the recruitment process of the staff needed for the new factory, on an online platform dedicated to the local community www.knaufinsulation-tarnaveni.ro.
The total investment in the Kanuf Insurance project in Târnăveni, Mureș county, amounts to over 135 million euros and will have a significant impact on the company's turnover, which will be supplemented by over 50 million euros annually.
"This year we took another very important step for our business in Romania, with direct impact at the level of the local community and beyond. The implementation of the investment will have a multiplier effect in the economy by attracting other related investments and developing local suppliers of products and services in the region. Moreover, our mission is to become a central pillar in the sustainable development of the city of Târnăveni and not only, the county of Mureș. This means, in addition to community investments, ensuring superior and safe conditions for employees, a professional working environment, at Knauf Insulation global standards", says Adrian Garofeanu, General Manager of Knauf Insulation Romania and Bulgaria.
