Austria's Biogest builds 5.3 mln euro biogas plant in Romania - BCR bank

The Romanian unit of Austria's Biogest, First Biogaz, has invested about 5.3 million euro ($6 million) in a biogas-fuelled plant in Romania, Banca Comerciala Romania (BCR), which financed the project, said on Tuesday.

The plant, located in Ardud town in the northwestern county of Satu-Mare, has an installed power of 1.5 MW, BCR said in a statement.

The business of Biogest covers design, planning, funding, turn-key construction and operation of plants with installed capacities ranging from 100 KW to 3,500 KW.

BCR, a unit of Austria's Erste, is Romania's largest bank in terms of assets.

($ = 0.8834 euro)

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