Türkiye’s Tosmur Group, which owns a starch plant in Medgidia, inaugurated in 2022, will complete construction of a new facility, which will double the production capacity, following a EUR86 million investment.
Constanta-based building materials warehouse chain, owned by Dumitru family, is adding a new warehouse in Medgidia.
The starch factory in Medgidia, which Turkey’s Tosmur Group opened in 2022, posted EUR98 million revenue in 2023 and is expecting a 10% increase in 2024, company officials say.
Turkish-held Tosmur Grup, a group with farming activities, has invested EUR78 million in building a starch plant in Medgidia on a ten-ha area, set to employ 200 people.
Romanian plastics producer Sterk Plast has been approved for EUR2.5 million state aid for a EUR5 million investment in expanding production bat its factory in Medgidia, southeast Romania.