The Free Economic Zone “Balti” has a new resident company. This is “Tiglamet” SRL with the investment project “Production of pleated sheets”. The decision was taken by the contest commission for selecting new residents, IPN has learned from the Ministry of Economy.

According to the project, “Tiglamet” SRL will start work in the third quarter of this year at Straseni subzone No.4 of the Free Economic Zone “Balti”.

At the initial stage, the resident company will create ten new jobs with a monthly average salary of 5,000 lei. During the first year of work, sales are projected to come to about €1.5 million. To achieve the set objectives, the resident company is to invest about €500,000.