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Martifer’s Prio Foods Invests $138 Million in Romanian Facility

Prio Foods, a producer and marketer of food products which is part of the Portuguese group Martifer SGPS SA (MAR), said today it has invested as much as 93 million euros ($138 million) in a new factory in Romania.

Prio Foods will start operating a crushing unit for vegetable oil production in Liehlu, south-east Romania, where the company already has other storage and production facilities, it said in an e-mailed statement today.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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