SAPARD fuels refrigerating equipment market

The refrigerating equipment market will come close to $200 million this year. Unlike the previous years, the market growth will be helped by the industrial frost segment, due to an increasing number of foodstuffs projects being announced. “The commercial frost (air conditioning systems for commercial space and hotels i.e.) and comfort segment (air conditioners for homes i.e.) have seen the highest growth thus far. Starting this year, when funding programmes, such as SAPARD, have become more attractive, a lot of investments have been made in the development of productive facilities, implicitly triggering the development of the industrial frost segment. This trend will maintain,” feels Nicolae Bara, chairman of Frigotehnica Bucharest, one of the players on this market. ZF