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4m euros in a frozen vegetable plant

4m euros in a frozen vegetable plant

Ziarul Financiar · 27 septembrie 2006 · 1 min de citit

Legofruct, based in Timis county, will invest 4 million euros in the construction of a frozen vegetables and fruit plant in Dumbravita, some 10 kilometres away from Timisoara, this year. Half of the investment will be self-funded, with the remainder contracted from Sapard funding. “Production will start in June next year, and the construction of the plant will begin in October, taking four or five months to complete,” stated Octavian Ghiran, sole shareholder of Legofruct. The plant in Timis county will be the second facility specialising in the production of frozen vegetables and fruit in Romania, after an investment of over 6 million euros by Frigorifer Tulcea, a company owned by American group Smithfield. In the wake of this investment, Frigorifer started producing frozen vegetables under the Casa Taraneasca brand, with its production capacity to reach 10,000 tonnes per year within five years. The Legofruct plant in Dumbravita will have a built area of over 3,000 square metres, and its production capacity will reach 2,000 tonnes a year.

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