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2022-05-13 20:19:56
Envipco - Opening of a New European Manufacturing Plant in Romania  
Amersfoort, The Netherlands - May 13, 2022 - Envipco, a global provider of
recycling systems and reverse
vending machines (RVMs), has officially opened its new state-of-the-art
manufacturing facility in Sebes
Industrial Park, Alba County, Romania.

This opening is part of the growth in infrastructure and capacity for Envipco as
it ramps up for accelerated
growth in the years ahead.

The site is expected to have a capacity of 15,000 units/year and employ up to
100 people in the future. It
complements the company's existing main facility in the USA and additional
specialist facilities in Germany
and Greece.
Commenting on the event, CEO Simon Bolton said:
"This is a great step in the growth journey for Envipco as we build capacity for
the future. We have been
operating in Romania for over a decade and chose the site due to its excellent
location, infrastructure,
supply base, and talent. We look forward to building both the manufacturing base
here to support the whole
of Europe and contributing with our products to Romania's implementation of its
own deposit return
scheme".
With a broad range of European countries considering new regulations for
implementation of DRS systems,
Envipco sees significant business opportunities in the region going forward,
which will be supplied from the
Romanian production facility.

The event on May 4th included a wide variety of guests and media from the
industry, retail, government,
suppliers, and employees. Some of the important guests such as Dorin Nistor -
Mayor of Sebes, Ion Dumitrel
- President of the County Council, Cosmin Teodoru - General Director in the
Ministry of Environment, Julia
Leferman - General Manager at Brewers of Romania, and Emanuel Parvulescu - Head
of Environment at Cora
retail stores, addressed the audience.

Speaking at the Ceremony Mr. Dorin Nistor - the Mayor of Sebes stated:

"We're very pleased to see this investment here in Sebes. This factory allows us
to further expand our efforts
by these machines and contribute more to the collection process in our
community. There is no doubt that
modern technology is changing the way recycling is managed and each of us must
contribute. "

Cosmin Teordoru, General Director for Waste, Contaminated Sites and Hazardous
Substances in the Ministry
of Environment added:

"This is an important moment that I have been personally waiting for. The
opening of the Envipco factory,
here in Sebes, represents the first, true, Romanian stone in the context of
implementing a functional Deposit
Return System (DRS). It will change the way Romania is treating its packaging
and the waste resulting from it.
I have no doubt, that this investment will contribute to creating a functional
circular economy system in our
country."

Envipco Romania Managing Director, Bogdan Purcherea, continued "This is a proud
day for me and the local
team as we open this European Manufacturing Facility. Through the investment, we
will develop capabilities
for recycling and sustainable technology here in Alba Iulia and have the
possibility to contribute to the local
economy through local sourcing and employment. We appreciate the support of all
stakeholders in this, an
important enabler for executing Romania's journey to improved recycling and a
circular economy."
For further information please contact:
Derk Visser, Group CFO Envipco Holding N.V.
Telephone: +31 33 2851773
About Envipco Holding N.V.
Envipco Holding N.V. (Envipco), www.envipco.com, is a Netherlands-based holding
company listed on
Euronext Amsterdam and Euronext Oslo Growth (Symbol: ENVI/ENVIP). Envipco, with
operations in several
countries around the globe, is a recognized leader in the development and
operation of reverse vending
machines (RVMs), automated technological systems for the recovery of used
beverage containers,
contributing to a cleaner world for future generations through recycling
technologies and the commitment
value creation for stakeholders. Known for its innovative technology and market
leadership, Envipco holds
several intellectual property rights for RVM systems, including but not limited
to beverage refund deposit
markings, material type identification, compaction and accounting.
This information is subject to the disclosure requirements pursuant to EU Market
Abuse Regulation article 19
and the Norwegian Securities Trading Act § 5-12