REI Finance Advisors has successfully brokered 2,5 million euros in state aid for Sterk Plast, part of a 5 million euro investment project.
The project aims to expand the production capacity of the Sterk Plast factory in Medgidia. The state aid will provide 50% of the investment project.
Sterk Plast, a company specialized in plastic production, started a large investment project in 2015 in a new plant located in Medgidia, Constanta County, with an area of over 42,000 sqm.
In 2018, it became operational. The company employs over 450 people and had a turnover of about 27 million euros in 2020.