Vrancart Recycling gets funding for greenfield investment in Romania

Green Forum
Vrancart Recycling, a company 100% owned by Vrancart, will continue the implementation of the Project "Greenfield investment for the establishment of a recycling and waste recovery unit in Adjud, Vrancea County", carried out by the provisions of GD 807/2014 for the establishment of state aid schemes to stimulate investments with a major impact on the economy, with subsequent amendments and completions.

In this regard, on June 27th, 2024 Vrancart Recycling received from the Ministry of Finance, following the compliance control carried out in the Project, the amount of €7.468.072, representing the last installment of eligible expenses.

The project implemented by Vrancart Recycling is designed both as a strong economic engine for the Vrancart Group and as an important vector in supporting the local population, by generating additional jobs and paying taxes at a significantly higher level, on a long-term, relevant criteria in support of the concept of socio-economic sustainability that the Vrancart Group pursues with priority in its activity.

 

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Energy

EDP inaugurates Albina solar plant in Romania

EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.

Environment

Auchan Romania introduces mixed packaging return system

Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.

Environment

EU launches €1 billion ocean pact

The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.

READ MORE
Green Forum  |  13 June, 2025 at 4:15 PM
Green Forum  |  13 June, 2025 at 12:05 PM