Argus invests $6 million

Edible oil maker Argus Constanta will boost its production capacity this year following a $6 million investment, general manager Vasile Leu said. The project will increase the daily output to 250 tonnes, from the current 150 tonnes. The investment, which is directed to the purchase of equipment from a Belgium-based company and to construction works, will be completed by the end of the first half this year. Argus concluded last year with approximately 1,500 ROL turnover, slightly down from 2002, when it made 1,522bn ROL. ZF