CHINESE COMPANY DYNAVOLT TO OPEN PRODUCTION OF BATTERIES IN MOLDOVA

The Chinese company Dynavol Power Technology Co, LTD intends to open production of batteries in Moldova in autumn. The issue was discussed at the meeting of company delegation headed by Director of International Business Center Frank Chen and Moldova’s Deputy Premier, Minister of Economy Octavian Calmic.

According to the Ministry of Economy, the company representatives expressed interest in investing in Moldova after the Economy Minister visited Beijing in June, where he spoke about the investment climate and business environment of Moldova.

Both parties exchanged views on new technologies and ways of the project implementation in our country, stressing that this will be an industry of pure energy, which will be a guarantee for the further growth of companies’ competitiveness in the field of renewable energy, electric vehicles and energy conservation.

According to Frank Chen, Dynavolt Power Technology was founded in autumn 2001. The company headquarters is located in Shantou, Guangdong province. The company specializes in production of batteries for different sectors of economy. The company has 90 plants worldwide; its annual performance makes up 35 million batteries of six major series, mainly for motor vehicles, water transport and cars. The company manufactures fraction batteries for commercial electric transport, uninterruptible power supply for industrial equipment, batteries for telecommunication equipment, alternative energy and lightening.