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Over 700 jobs created at new textiles factory in Balti


http://www.old.ipn.md/en/over-700-jobs-created-at-new-textiles-factory-in-balti-7966_1041944.html

More than 700 jobs were created at the textiles factory “Molltex-grup” within the industrial Park “Raut” of Balti municipality that was inaugurated on May 25. The new factory was founded at a cost of €4 million and forms part of the Romanian group “Ostazar”. The investor plans to extend the company to Donduseni town. The second factory, with a capacity of about 1,000 jobs, is to be inaugurated in July, IPN reports, with reference to the Government’s press service.

In the inaugural ceremony, Prime Minister Pavel Filip said the launch of new projects confirms that things in Moldova go right. “Each opened factory means that the investors find here a predictable business climate where they can start with pleasure a business. The opening of this factory for those who work here means jobs. Thus, fewer people will go abroad and we will have whole families and this is the most important thing for me,” stated Pavel Filip.

He also spoke about the measures taken to improve the investment climate, which led to the creation of 60,000 new jobs and to investments of US$ 15 million in free economic zones last year.

Investor Dmitri Karaman said he decided to invest in Moldova after he had a meeting with Prime Minister Pavel Filip last year. “The family grows, the team grows and we work together and want to invest more,” he stated.

Founded in Romania in 2000, “Oztasar” SRL is one of the leading specialized companies with four factories in Prahova and Dambovita Counties and a design and logistics center based in the UK.

Also today, the Premier visited the factory “InfinitTextil” in Balti municipality. This was opened in 1997 with national investments. Its textile articles are exported to the UK, Italy and Romania. “InfinitTextil” extended to Chisinau. The company’s turnover is almost 3 million lei a month.