The company is one of the leading producers of expanded polystyrene in the Republic of Moldova. Its products are exported monthly to Ukraine and Romania.
In the context of rising demand, the company decided to expand its production and secured the grant under the ‘Creștem IMM’ scheme, managed by the Organisation for the Development of Entrepreneurship.
Dragoș Ursu, owner: “We specialise in thermal insulation for houses, blocks of flats, roofs and tongue-and-groove panels for underfloor heating. If we’d had to finance this with a bank loan or our own money, we would have had to tighten our belts much more; we’d have been constrained logistically and wouldn’t have been able to purchase additional vehicles to ensure the investment’s efficiency.”
The funds will be used to purchase a new production line, with a total value of 3 million lei.
The company currently operates on a two-shift basis, which enables it to increase its sales volume and meet export orders.
The grants are provided from the state budget by the Government of the Republic of Moldova, with financial support from the European Union through the Growth Plan for Moldova.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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