-After the acquisition of COS Targoviste in Romania in March 2022, one of the largest producers of steel bars and special steels in Europe AFV Beltrame Group has started the process of staff recruitment and modernization of the plant and started the production of rebar under the Donalam brand, thus reaching two steel processing plants in Calarasi and Targoviste. The company thus becomes the only full-cycle rebar producer in Romania, supplying about half of the domestic needs in the construction sector, to end the dependence of the local market on imports from Europe and abroad.In the first phase, about 10,000 tonnes of rebar per month will leave the Donalam Târgoviște mill and in 2023 the production capacity will increase to about 30,000 tonnes per month, meaning more than 300,000 tonnes per year. Thus, the plant will supply Romania with about half of its domestic needs of rebar for construction, which is around 600,000 -700,000 tonnes per year. At present, Romania imports all of this material from countries such as Bulgaria and Turkey. The Beltrame Group's vision is to transform the old steelworks into a competitive European production facility, both in terms of efficiency and the environment. Over the next 5 years around EUR 100 million will be invested in modernizing the machinery and 80% of the budget will be allocated to the purchase of technologies to reduce carbon emissions, increase energy efficiency and move towards a circular economy by reusing resources and minimizing waste.In addition to the commissioning of the former steel mill, Beltrame is in the final stages of authorizing a green rebar and wire rod plant, which will also be built on the Targoviste site. The new steel mill will be the most technologically advanced in the world and will have the lowest greenhouse gas emissions in the industry. The project also includes the construction of a photovoltaic park, with an installed capacity of 100-120 MW and an energy storage system, which will supply the production units. With the completion of this green plant, expected in 2024, the total production capacity of Donalam Targoviste will be around 700,000-800,000 tonnes of rebar and wire rod annually. In the construction sector, total domestic consumption of rebar and wire is around 1.5 million tonne per year.Founded in 1896, AFV Beltrame Group is today one of the largest producers of steel bars and special steels in Europe. The Group has 7 plants in Italy, France, Switzerland and Romania, with a total of more than 2,000 employees, over 2 million tonnes of steel sold annually and commercial activities in over 40 countries.
-After the acquisition of COS Targoviste in Romania in March 2022, one of the largest producers of steel bars and special steels in Europe AFV Beltrame Group has started the process of staff recruitment and modernization of the plant and started the production of rebar under the Donalam brand, thus reaching two steel processing plants in Calarasi and Targoviste. The company thus becomes the only full-cycle rebar producer in Romania, supplying about half of the domestic needs in the construction sector, to end the dependence of the local market on imports from Europe and abroad.In the first phase, about 10,000 tonnes of rebar per month will leave the Donalam Târgoviște mill and in 2023 the production capacity will increase to about 30,000 tonnes per month, meaning more than 300,000 tonnes per year. Thus, the plant will supply Romania with about half of its domestic needs of rebar for construction, which is around 600,000 -700,000 tonnes per year. At present, Romania imports all of this material from countries such as Bulgaria and Turkey. The Beltrame Group's vision is to transform the old steelworks into a competitive European production facility, both in terms of efficiency and the environment. Over the next 5 years around EUR 100 million will be invested in modernizing the machinery and 80% of the budget will be allocated to the purchase of technologies to reduce carbon emissions, increase energy efficiency and move towards a circular economy by reusing resources and minimizing waste.In addition to the commissioning of the former steel mill, Beltrame is in the final stages of authorizing a green rebar and wire rod plant, which will also be built on the Targoviste site. The new steel mill will be the most technologically advanced in the world and will have the lowest greenhouse gas emissions in the industry. The project also includes the construction of a photovoltaic park, with an installed capacity of 100-120 MW and an energy storage system, which will supply the production units. With the completion of this green plant, expected in 2024, the total production capacity of Donalam Targoviste will be around 700,000-800,000 tonnes of rebar and wire rod annually. In the construction sector, total domestic consumption of rebar and wire is around 1.5 million tonne per year.Founded in 1896, AFV Beltrame Group is today one of the largest producers of steel bars and special steels in Europe. The Group has 7 plants in Italy, France, Switzerland and Romania, with a total of more than 2,000 employees, over 2 million tonnes of steel sold annually and commercial activities in over 40 countries.
