Azomures, net profit worth 132 million lei
‘’10 years ago, at the moment of privatisation, Azomures was a company that faced bankruptcy, the production had been halted, salaries were low, part of the workers were laid off and debts to the state were of 18 million dollars. The debts were paid in short time and so far we have made investments worth 100 million dollars, of which some $36 million in the protection of environment,’’ said Fuat Kalgay.
Fuat Kalgay also announced that the company is preparing two investment programmes totally worth some 300 million dollars.
The 2 projects aim to shrink the company’s consumption of electricity and the impact of rise in the natural gas price. The first project might be operational in one year and a half.