Europlasma receives 10 million euros from Renault for Fonderie de Bretagne

The Europlasma industrial group announced that it has received an initial tranche of €10 million from Renault as part of the support plan for the Fonderie de Bretagne. This payment is part of a total of €25.8 million to be allocated over the next 12 months. The funds are intended to finance operating expenses and the industrial project, with the aim of rapidly producing hollow bodies for mortar shells.

The Foundry's turnaround plan is based on four axes: continuous improvement of production processes, modernization of production tools, reduction of energy consumption with an emphasis on renewable energies, and diversification of activities to increase production.