We have announced the launch of a strategic investment project aimed at expanding the production capacity at the unit in Panic, Sălaj County. The project is co-financed through the North-West Regional Program 2021-2027 and benefits from non-reimbursable European funds.
Regional Development Agency North-West: www.nord-vest.ro
Management Authority for the Regio North-West Regional Program: www.regionordvest.ro
For detailed information about other EU co-financed programs, please visit www.fonduri-ue.ro
Key Information about the Project:
Project Title: Expanding Production Capacity at SILCAR PROD SRL
SMIS Code: 308181
Financing Contract Number: 163 / 26.11.2024
Implementation Period: 27.11.2024 – 25.11.2026
Location: Panic Village, Hereclean Commune, Sălaj County
General Objective:
Increase production capacity through the construction of a new industrial hall and the acquisition of state-of-the-art technological equipment.
Investment Purpose:
Strengthen the position in the national and international market
Diversify the product range
Access new international markets
Financial Structure:
Total Project Value: 6,857,279.03 lei (including VAT), of which:
Total eligible value: 5,319,796.31 lei
Total non-reimbursable financing: 3,279,877.79 lei
EU Contribution: 2,787,896.12 lei
National Budget: 491,981.67 lei
Silcar Co-financing (eligible): 2,036,918.52 lei
Ineligible expenses (own funds): 1,537,482.72 lei
Technical Objectives:
Modern and eco-efficient equipment for PVC and aluminium joinery
Increase labor productivity by at least 10% within 3 years from completion
This initiative reflects SILCAR's commitment to innovation, sustainability, and competitiveness, in line with current construction sector requirements and European quality standards.