Alcoa to build plant in Romania

American giant Alcoa, the world’s largest aluminium producer, will start building an aluminium processing plant in Romania this year, the company said at the end of last week. The factory will start operating in the second half of next year, in Arad county and will employ about 200 people. The products will go to the constructions industry. According to Alcoa officials, the company decided to build a plant in Romania given the tight cooperation with the authorities and the business community in the Arad area. Company officials would not disclose the investment’s value, which could revolve around $4-5 million, according to certain estimates from the Romanian aluminium market. ZF