Bautex to Invest 100 Million Lei in Production Expansion in Straseni

Materials for Airbus, manufactured in Strășeni. BauTex is expanding its production

The German company BauTex, based in Strășeni, plans to increase its production volume by 40 per cent this year and by a further 20 per cent next year. Almost the entire output of the company is exported to European Union countries. The materials manufactured here are used in construction, the shipbuilding and aerospace industries, including in the production of Airbus aircraft.

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The company plans to expand its production through a new investment of 100 million lei. The funds will be allocated to launching the manufacture of composite reinforcement, which can be used in construction, including for the reconstruction of Ukraine.

Prime Minister Vasile Tofan visited the company on Friday. During the visit, he was informed that the average salary of employees is approximately 20,000 lei. The company’s owner intends to announce a further pay rise to make the jobs more attractive.

Tofan thanked the investor and representatives of the Free Economic Zone for their contribution to the development of production and for their confidence in the Moldovan economy.

“This is exactly the kind of enterprise that creates high added value and is a major exporter. Moldova needs many more such investments,” the Prime Minister emphasised.

The Prime Minister gave assurances that the state would support investors and help resolve any administrative issues that might hinder business development.

BauTex Composites is a subsidiary of the German group BauTex-Stoffe and has been operating in the Republic of Moldova since 2021. The company’s main export markets are the European Union and the United States of America.

This story was translated with the assistance of artificial intelligence.

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