Romania’s Ministry of Energy extended a EUR 33 million grant under the Resilience Facility to Heliomit, a firm controlled by local entrepreneur Tudor Mih\u0103il\u0103 (24), for the development of a PV panel assembly plant with an annual capacity of 1,500MW.<\/p>\n
The photovoltaic panel factory will be developed in B\u00e2rlad, Vaslui county.<\/p>\n
“The support of almost EUR 33 million will mean jobs, competitive salaries in a less developed area of \u200b\u200bthe country and Romania’s chance to fully benefit from the energy transition towards a future with safer, more affordable and greener energy,” minister of energy Sebastian Burduja said, quoted by Economica.net<\/a>.<\/p>\n Heliomit is a company established in 2021 and is controlled by local entrepreneur Tudor Mih\u0103il\u0103, a member of the Mih\u0103il\u0103 family that controls the Rosavis poultry business.<\/p>\n A smaller project envisaging a PV panel factory with a capacity of 140MW per year was previously financed under the same Resilience Facility scheme. The project is developed by KBK Kraft Projekt, a company established in 2018 and owned by Moldovan entrepreneurs with Romanian citizenship, Veaceslav Caragacian, Nicolae Bosii, and Andrei Jelescu.<\/p>\n