Kurum International and Danieli Sign €150M Investment for Green Steel Plant in Elbasan, Albania
GREEN STEEL
Kurum International Albania and Danieli Officine Meccaniche S.p.A. have signed a €150 million contract to establish a green steel production facility in Elbasan, utilizing MIDA Steel Concept technology to achieve zero carbon emissions. The factory is projected to produce nearly one million tons of construction steel annually within 24 months, supporting Albania's sustainable economic development and enhancing local industrial capabilities. This investment aims to reinforce Elbasan's status as a key industrial hub while creating jobs and modernizing the industrial sector.

Dec 24, 2025, 3:05 PM