Synergy Construct has signed a contract for the construction of the Turkish ETI European Food Industries 21,000m2 confectionery factory in Craiova.
The contract negotiations are closed and the project is a fixed price lump sum contract for delivery in 8 months, a Synergy Construct press release informs.
“This is a very important project for us and for ETI, and we are pleased that ETI have placed their trust in us to complete their first international investment,” James Emmett, Commercial Director Synergy Construct said.
The commencement of the ETI factory coincides with the successful completion and hand-over of the Adora Residential Park in Pipera managed by Tagor; a 6,000m2, 76 apartment development in the north of Bucharest. “Synergy has completed our Adora Pipera development on time and on budget and they have exceeded our quality expectations. Courtesy of Synergy we have a great project in Pipera” stated Mr. Eyal Flomin, development manager for Tagor.
Although Synergy Construct has been present in Romania continuously since 2001 the ETI project award marks the return of the company’s focus to its home market.
Synergy Construct is a general contractor within in-house design capability for all disciplines, with its sister company MET Engineering the entire spectrum of construction and building services is covered.
The project portfolio includes industrial manufacturing facilities, high-rise constructions, hotels, renovations, underground structures and top-down proficiency, office refurbishments, residential and luxury housing developments. The current project portfolio includes ETI confection factory, Tbilisi Tower Hotel, Bandirma II control buildings and gatehouse and gas bottle facility for Siemens Turkey, Campia Turzi automotive parts factory, Mega Mall HVAC works and related structural works.
ETI European Food Industries S.A., Romanian subsidiary of Eti Gida Sanayi ve Ticaret A.S plans the construction of a green-field confectionery factory near Craiova city, an investment project mounting to EUR 39 million. The Turkish group received a state aid of about EUR 6 million for the new factory, which will create 300 new jobs, and more, a long-term EBRD loan of EUR 23 million was also discussed.
Eti Gida Sanayi ve Ticaret is the owner of the popular brand of biscuits Eti Negro. When Eti was founded, in 1962, it had 20 employees and a small capacity of 3 tons per day; it is now a giant company which exports its products throughout the world with 7 plants, 45 brands and approximately 300 products. Today Eti is one of Turkey’s top 100 industrial enterprises thanks to its R&D power and innovative perspective.