Establishing of a production unit for the Garbage Press in Romania

Project facts

Project promoter:
HAUGLAND GROUP AS
Project Number:
2008/115195
Status:
Cancelled
Final project cost:
€6,670,975
From Norway Grants:
€ 4,000,000

Description

The project aims at setting up a joint venture entity and production facility where as many as 300.000 waste compactor units would be produced per year. The entity is estimated to employ as many as 240 staff by end 2011 and grow to 350 staff by end 2015.Expected results:Result 1:Joint venture company established among the partners(Haugland holding 60% of the shares and Harplast 40%)Result 2:New production facility up and running:(3800 sqm built area, of which 3500 going into the production hall and 300 sqm into office space)ISO 9000 certification (IT and QA solutions included)Result 3:Production equipment purchased, installed and ready for operation:(injection machines, assembly lines, moulds and tools, lifting and handling equipment as per the items listed in the detailed budget)Result 4:240 staff recruited and trained by end-2011