The German-owned company BauTex Composites, which has invested over 30 million EUR in the Republic of Moldova, is preparing a new phase of industrial development in Strășeni. The EUR 5 million project involves constructing a new production facility and acquiring additional production lines for manufacturing composite rebar, with the prospect of creating approximately 20 new jobs.
Operating in the Republic of Moldova since 2021, BauTex Composites specializes in producing technical fiberglass materials for construction and other industrial applications. The company has created over 200 jobs and has gradually expanded its production capacity, focusing primarily on international markets.
The new investment represents a step toward diversifying the company's portfolio by launching composite rebar production — a material used in the construction industry for its corrosion resistance and low weight. According to the company's estimates, the new operation is expected to contribute to a 5% increase in revenue in its first year of operation and a 10% increase in its second year. At the same time, the expansion will create approximately 20 jobs for machine operators, mechanics, electricians, and packaging staff.
The company's decision to expand its operations is driven by demand for composite materials, its accumulated technological expertise, and development opportunities in international markets. At the same time, the company appreciates the openness of public institutions to dialogue with investors and the potential to participate in Ukraine's reconstruction projects, which could generate new opportunities for the construction materials industry.
"We continue to invest in the Republic of Moldova to capitalize on development opportunities and demand in international markets. This new investment will allow us to diversify our production, supply the local market with the needed rebar and strengthen the company's position in export markets," said Achim Lutter, CEO, BauTex Composites.
BauTex Composites' main markets are the European Union and the United States. The expansion of the composite reinforcement portfolio aims to strengthen the company's presence in these markets and capitalize on the demand for technical materials for the construction sector.
To carry out the new project, the company intends to collaborate with suppliers and contractors from the Republic of Moldova, Turkey, and the European Union, creating additional opportunities for cooperation with local businesses.
The plant operates in accordance with the international ISO 9001 and ISO 14001 standards for quality management and environmental management.
BauTex Composites projects a 40% increase in revenue in 2026 compared to 2025, followed by an additional 20% increase in 2027 compared to 2026. The Moldovan team's strong research and development capabilities are contributing to the company's expansion of production on an international scale, building on its technical know-how and experience gained through cooperation. These developments reflect the company's commitment to strengthening its industrial capabilities and diversifying its product portfolio for international markets.
In the process of expanding its operations in the Republic of Moldova, BauTex Composites received assistance from Invest Moldova Agency. The collaboration included discussions on opportunities to access state aid schemes, facilitating contacts with potential international partners, and dialogue with relevant institutions to identify solutions to operational challenges, including those related to industrial waste management.
Through its One-Stop Shop service, Invest Moldova Agency serves as a single point of contact to support both the attraction of new investors and the expansion of companies already present in the local market, facilitating access to information, partnerships, and investment support mechanisms.
The expansion of BauTex Composites highlights the Republic of Moldova's potential to develop value-added industrial production, strengthen international trade relations, and attract long-term investment.