Romania’s lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, confirmed plans for a second factory with an intended capacity of 6 GWh according to Profit.ro.
The company reached a production capacity of 2.3 GWh of power storage devices per year in its existing factory near Bucharest, at Cernica, upon a EUR 230 million investment.
The construction work for the new factory, to be developed on an 8.8-hectare plot of land in Fundulea, owned by the group, will begin in the coming period. The total investment in the new factory is estimated at EUR 700 million.
(Photo: Prime Technology on LinkedIn)
iulian@romania-insider.com
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