Dutch invest 3.5m euros in Sibiu

Edwin Van der Straten, Edwin Bromgaard and Marcel Luske, the Dutch-born owners of Concept Trading and Romnet Invest, will invest two million euros in setting up a warehouse and a showroom close to Zona Industriala Vest ( Western Industrial Zone) in Sibiu, having already invested 1.5 million euros in trade with hand tools and electric tools. Concept Trading and Romnet Invest started their Romania-based business in Sibiu, in August last year, and this spring, respectively. Concept Trading specialises in the wholesale trade of hand tools and electric tools, and is the sole distributor of Kinzo products in Romania and Eastern Europe. The Dutch nationals have already invested 1.5 million euros in their business in Romania and have decided there are favourable circumstances for the business to be developed. It is with this in mind that the three set up Romnet Invest this spring, which will build an office hall, warehouses and a showroom, in which they will invest a further 2 million euros. “Sibiu was as the location to develop the business because it is in the centre of the country and from here, products can be distributed across the whole country.”