Amersfoort, 1 October 2024 -- Envipco Holding N.V. ("Envipco" or "the
Company"), a leading global provider of recycling systems and Reverse Vending
Machine (RVM) technology, has been awarded a follow-on order with a major
Romanian retail group.
Envipco has been awarded additional orders for more than 140 Optima RVMs to
retail stores across the country, adding to the order of more than 200 Optima
RVMs announced in Q3 24. Delivery of the follow-on order is scheduled for Q4
24.
"We are proud to once again be selected as a trusted supplier of RVMs to this
leading Romanian retail group. Our RVMs are manufactured at our state of the
art production plant in Sebes, Romania and are key to showcasing our
commitment to advancing recycling technology and contributing to the improving
environmental landscape in which the Romanian deposit return scheme is
instrumental" says Group CEO Simon Bolton.
The Romanian deposit return scheme (DRS), operated by RetuRO SGR, was launched
on 30 November 2023 and has through August 2024 collected nearly 1.9 billion
containers. According to market surveys consumers are generally positive to
the Romanian DRS and return rates are showing strong progress, reaching 78% in
August, up from 62% in July and 49% in June according to RetuRO. To date 44%
of containers put on the market under the DRS have been returned. RetuRO
targets recovery of 65% of plastic, glass and metal beverage containers in
2024, increasing to 85% for glass containers and 90% for plastic and metal
containers from 2026.
For further information please contact:
Simon Bolton, Group CEO +31 33 285 1773
Mikael Clement, CSO +47 9900 8000
www.envipco.com
envipcoinvestorrelations@envipco.com
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
(Symbols: 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. 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.