German company opens modern fiberglass materials factory in central Moldova city
The German company BauTex Composites has opened a modern factory in Straseni, specializing in the production of fiberglass-based materials, achieved through an investment of over 20 million dollars.
The new production facility has already created over 250 jobs and is expected to generate approximately 200 more in the near future, significantly contributing to the economic development of the region and enhancing Moldova’s attractiveness for foreign investors.
The factory produces a wide range of materials meant for construction and high-performance industries.
“These include fiberglass meshes for facades and mosaics; Schleiftex fiberglass abrasive discs; meshes for Aquapanel panels; Phoenix technical fabrics for roofs and Laintex membranes; Ortex and Kanaltex composite fabrics, used in high-performance industrial fields,” said the Ministry of Economic Development and Digitalization.
Company’s representatives emphasize that the investment not only brings modern technologies, but also new opportunities for the local community and the entire national economy. At the same time, the project contributes to strengthening the Moldova's position as a competitive partner on the global market of composite materials.
Facebook
Instagram
X/Twitter
Telegram
Russian gas and promises of low prices: What Energy Minister says
Vulcănești–Chișinău power line could become operational next week
Customs Service collected over 905 million lei last week
New rules for online purchases from abroad in Moldova; what changes as of November 1
VIDEO // Tax deductions of up to 20,000 lei for children’s education, professional training; Moldovan finance minister explains how people can benefit
Moldova ranks second in regional ranking of investment promotion agencies
VIDEO // Customs Service recommends that carriers use alternative routes and digital solutions to avoid congestion at border
Moldova discusses new energy cooperation projects with Romania, Bulgaria and Sweden
Moldovan finance minister provides details on new salary law: which employees to benefit from largest pay increases
Moldovan finance minister says cold-season compensation might be covered by savings from public spending's optimization
VIDEO // Moldovan PM says Energocom company bought two million cubic meters of gas from Ukraine at price lower than on spot market
BUILDING MOLDOVA // Authorities accelerate preparations for construction of Chisinau bypass road
BUILDING MOLDOVA // Deputy PM says more than 95 per cent of Moldova’s settlements set to have access to tap water by 2030
Chisinau Electrical Substation enters inspection stage ahead of energization
National Security Council approves measures to strengthen cybersecurity of Moldova
Moldovan foreign affairs minister says Moldova set to open negotiations for final two clusters, counts on support of EU member states
EU Commissioner for Enlargement to visit Moldova
Over 450,000 citizens of Moldova affected by cyberattack; Moldovan president says Electronic Governance Agency to notify concerned citizens by email, banks to be informed
National Bank of Moldova 
Moldova through eyes of Independence generation: painting, sculpture exhibition at parliament
Moldova's parliamentary factions consulted on legislative package for local public administration's reform
Moldova’s progress in EU accession process examined at meeting of Council of Experts under commission for European integration
National Security Council approves measures to strengthen cybersecurity of Moldova
Press statements made following meeting of Moldova's National Security Council
EU Commissioner for Enlargement to visit Moldova
Over 450,000 citizens of Moldova affected by cyberattack; Moldovan president says Electronic Governance Agency to notify concerned citizens by email, banks to be informed
Press statements made following meeting of Moldova's National Security Council
Working group led by Moldovan PM to propose solutions for strengthening cybersecurity
Moldovan president comments on ban imposed on unrecognized Transnistria's leader
Moldovan head of state says many of those who signed draft on president's suspension do Moscow’s bidding
LIVE // Government to create working group to strengthen cybersecurity
Expert: Chisinau’s decision regarding Krasnoselski could thwart scenario prepared in Moscow
Chisinau and Bucharest deepen joint infrastructure and energy projects
PHOTO GALLERY // Reception hosted by Azerbaijani Embassy in Chișinău to mark Victory Day: messages of peace and recital of Azerbaijani music
New EcoVoucher Program session: Around 3,000 families to be able to purchase energy-efficient appliances
PHOTO // Republic of Moldova represented for first time with national pavilion at China International Import Expo
Gasoline, diesel to become cheaper over weekend
Additional funding for development of solid waste management infrastructure in several regions of country
Chișinău and Kyiv strengthen cooperation on European integration
Moldova and Romania to implement joint measures to streamline truck traffic at border
Receive the latest news directly to your email
Receive the latest news directly to your email