Italian tissue manufacturer Celtex Industry Group is targeting eastern Europe with a potential expansion into Moldova.
According to Moldova’s Ministry of Economy and Infrastructure, the company is planning to invest €3-4m in a site for the production of toilet paper and export-orientated products.
It follows a meeting with Celtex chief executive Andrea Bernacchi and Vitalie Lurcu, deputy minister of economy and infrastructure.
Celtex manufactures tissue and nonwoven cleaning and hygiene products for the AfH sector.
The company has locations in Italy, France, Germany and Poland.