The German group Lobbe, one of the top players within the European waste collection, processing and neutralising industry, plans to invest about 100 million euros on the Romanian waste market over the next 2-3 years.
The German company has already taken its first step on the waste market, where its strategy is to become one of the most important operators in this domain.
Sanitation services and the waste market are increasingly tempting for foreign investors, as Romania will have to embrace stricter norms in relation to the environment, in line with the standards settled at European level.
“We want to invest up to 100 million euros over a two to three year period, depending on the context of the domestic market. We already have concrete investment projects on the list, such as an ecological storage facility for non-hazardous waste in Slobozia, setting up an industrial waste storage facility in Timisoara, as well as a high capacity incinerator (about 80,000 tonnes per year), and a medical waste incinerator,” Kalman Janos, the representative for Romania and Hungary of Chinox, the investment unit of the Lobbe group, told Ziarul Financiar.
The German group has operated on the Romanian market since last year in Slobozia, through Vivani Salubritate company. Last September, the Germans acquired 59% in Vivani, but the value of the transaction has not been made public.
Vivani Salubritate, operating on the domestic market, inaugurated an ecological storage facility for non-hazardous waste in Ialomita County on Tuesday. The first stage of the investment stood at one million euros and was made by Lobbe Holding GmbH & Co.
Dietmar Kulterer, Lobbe Holding GmbH & Co, technical director says the ecological waste storage facility in Slobozia has been designed and built in line with the new technologies in the field and complied with every environmental protection norm set in the European legislation.
adrian.mirsanu@zf.ro