Call to authorities to remove bureaucratic barriers faced by investors

Shareholders of OmniSteel said that they have tried to launch the building of a steel works for half a year already. According to them, the project is late owing to artificially created bureaucratic barriers. In such conditions, the shareholders are considering withdrawing their investment. In a news conference at IPN, the investors called on the authorities to create equal conditions for all the market players.

Alexandru Rotaru, administrator and founder of the company OmniSteel, considers the responsible authorities should support the investors and should make sure that all the participants in this market will fulfill the environmental protection conditions. “We invest a lot of money in these environmental protection mechanisms – ventilation and dedusting. This hasn’t been done until now by anyone,” said Alexandru Rotaru. The investors said the ventilation system alone costs at least 15 million lei.

“Our intention is to put our investment to good use. I want to tell you that the technique for building this facility and the financial aspect are a challenge. Everyone knows that the prices of building materials have soared – plus 30-40%. We must also attract considerably larger financial resources for completing this project,” explained Alexandru Rotaru.

The company’s shareholders said they contracted companies and paid sums in advance for building works, but for half a year they have been unable to take the next steps. The investments are enormous. Owing to the blockages, they face penalties on the part of partners.

“We hope the Government will give us a clear signal – we either go on with our investment or we will withdraw and will invest in another country - as we want to be sure we will be able to build the works and operate and no political factor will intervene overnight and will stop our activity on different pretexts,” said Eșanu.

Note: IPN News Agency gives the right of reply to persons who consider they were touched by the news items produced based on statements of the organizers of the given news conference, including by facilitating the organization of another news conference in similar conditions.

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