Cluj-Napoca, 23 April 2025 -- Envipco Holding N.V. ("Envipco" or "the
Company"), a leading global provider of recycling systems and Reverse Vending
Machine (RVM) technology, has today officially inaugurated its Engineering
Center of Excellence in Romania during a dedicated event held at Liberty
Technology Park in Cluj-Napoca, Romania. This new engineering center further
expands the company's global network of research and development (R&D)
facilities in the United States and Germany and reinforces Romania's emerging
role as a hub for innovation in recycling and the circular economy.
The inauguration event was attended by members of Envipco's global executive
management team, government and local officials, representatives from RetuRO,
industry partners, and media representatives.
Driving Local Innovation with Global Reach
The Cluj-Napoca facility will serve as a strategic R&D hub to support the
rapid deployment and scaling of Deposit Return Systems (DRS) across Europe.
Romanian engineers will play a vital role in designing, testing, and
optimizing the technologies behind Envipco's RVMs which enable the automated
collection of recyclable beverage packaging materials. Further, the facility
will serve as an IT hub for internal and external services including online
service management and analytics.
"We invest in Romania because here we find talent, vision and extraordinary
energy for change. The Engineering Center of Excellence in Cluj reflects our
commitment to innovate with local communities to build a sustainable future in
Europe and beyond," said Bogdan Purcherea, Managing Director Envipco Romania
and BD Director Europe.
"What we are building here is not just an R&D center, but a platform for
co-creation between our teams in Europe and the United States. Romania plays a
crucial role in the future of smart recycling," added Simon Bolton, Group CEO.
"The technologies developed in Cluj will support the transition to circular
models in global markets. This is an important step in democratizing recycling
through innovation," added Andrew Keene, CTO Envipco.
Romania as a Strategic Pillar in Envipco's Global Vision
Envipco's position is unique with both production facilities and an
Engineering Center of Excellence in Romania. This dual investment underscores
Romania's critical importance in Envipco's European strategy and reaffirms the
company's long-term commitment to supporting the growth of a modern circular
economy in the region and beyond.
The Cluj-Napoca Engineering Center of Excellence is expected to accelerate the
technological adaptation of Envipco's solutions across key European markets,
countries currently advancing their implementation of DRS.
For further information please contact:
Simon Bolton, Group CEO +31 33 285 1773
Mikael Clement, CSO +47 9900 8000
www.envipco.com
investors@envipco.com (mailto: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 Børs (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.