German company BauTex, a producer of technical fabrics for construction, automotive, energy and other high-tech industries, plans to increase its annual sales in Moldova to 50 million euros amid the expansion of its production in Straseni, Logos Press reports.

German-owned company BauTex Composites has invested more than 18 million euros in the construction of a state-of-the-art fiberglass-based materials plant in Straseni, Logos Press reports.
