Romanian entrepreneur gets EUR 33 mln Resilience Facility grant to develop PV panel assembly plant
<p>Romania's Ministry of Energy extended a EUR 33 million grant under the Resilience Facility to Heliomit, a firm controlled by local entrepreneur Tudor Mihăilă (24), for the development of a PV panel assembly plant with an annual capacity of 1,500MW.</p>

<p>The photovoltaic panel factory will be developed in Bârlad, Vaslui county.</p>

<p>"The support of almost EUR 33 million will mean jobs, competitive salaries in a less developed area of ​​the country and Romania's chance to fully benefit from the energy transition towards a future with safer, more affordable and greener energy," minister of energy Sebastian Burduja said, quoted by <a href="https://www.economica.net/o-noua-fabrica-romaneasca-de-panouri-fotovoltaice-finantata-cu-bani-din-pnrr_785439.html?mc_cid=54ca24687e&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Economica.net</a>.</p>

<p>Heliomit is a company established in 2021 and is controlled by local entrepreneur Tudor Mihăilă, a member of the Mihăilă family that controls the Rosavis poultry business.</p>

<p>A smaller project envisaging a PV panel factory with a capacity of 140MW per year was previously financed under the same Resilience Facility scheme. The project is developed by KBK Kraft Projekt, a company established in 2018 and owned by Moldovan entrepreneurs with Romanian citizenship, Veaceslav Caragacian, Nicolae Bosii, and Andrei Jelescu.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com" rel="noopener" target="_blank">Maksym Chub/Dreamstime.com</a>)</em></p>