PetStar Group, a market leader in PET bottle recycling and PET preform production, signed a multi-tranche credit facility worth a total of €50 million with UniCredit Bank. The financing will be used for current operations and to buy back a minority stake from the investment fund AMC Capital, which currently holds 33% of PetStar Holding shares.
The Slobozia factory spans 3.5 hectares, with an annual capacity of 1.2 billion units and 130 employees. In 2024, PetStar took over and recycled approximately 30% of the PET packaging collected by the Deposit-Return System, while turnover reached RON 270 million, up 6% compared to the previous year.