A EUR 13 M factory of Monbat Recycling, a subsidiary of Bulgarian company Monbat, in Romania were inaugurated formally by the Prime Ministers of Bulgaria and Romania Boyko Borisov and Emil Boc on Thursday. Monbat Recycling SRL, whose plant is located outside of Bucharest, is an investment of Bulgarian car battery producer Monbat, part of the Bulgarian Prista Oil Group, one of the largest machine oil and battery producers in Eastern Europe. 

Monbat`s factory in Romania has been operating since February 2011. It is the second recycling plant of Monbat, after the company based in Bulgaria`s Montana opened a recycling facility located in the town of Indjija, northern Serbia, in September 2010.