Chinese company invests in cigarettes factory in Romania

Chinese company Sinoroma Industry invested 36 million euros in building a cigarette factory in the Parscov village, Buzau County (north-east of Bucharest), with the factory having been inaugurated on Tuesday.

"The opening of the factory in Parscov is one of the major Chinese investments in Romania, and not only because of the efforts of the county authorities to attract foreign funds to Buzau, but also due to the important amounts which are thus going to the county budget, to contribute further to the improvement of all the infrastructure segments in Buzau, usually financed from the County Council budget," chairman with Buzau County Council Victor Mocanu said on the inauguration ceremony.

Attending the ceremony were Buzau County Prefect Gabriel Balaban, chairman of Buzau County Council Victor Mocanu, as well as Chinese Ambassador Xu Jian and a Chinese delegation of the State Tobacco Monopoly Administration headed by Li Keming, Vice- Minister of the institution, who came to Romania especially for the event.