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Bucharest
January 23, 2022
BUSINESS

Sinovel wants to start the production of wind turbines in Bucharest

Chinese group Sinovel, the biggest Chinese manufacturer of wind turbines and the world’s second largest company in this industry, wants to enter a partnership with the Faur plant controlled by brothers Emil and Marius Cristescu, and start producing wind turbines in Bucharest, Mediafax informs. “They want to produce in our factory, because they saw we have the needed capacity. If we sign the contract with them, we will make important investments and buy new production lines,” Faur CEO Mariana Hristea mentioned. She added that negotiations are under way and a contract with the Chinese firm might be signed in the coming months.

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