Brownfield Investment

Brownfield Investment

The purchase of a previously constructed factory or other facility in order to use it for a new activity. For example, a company that makes hammers may buy a factory that previously made screwdrivers in order to expand their hammer-making operations. Brown field investment is relatively common in foreign direct investment.
References in periodicals archive ?
It is a Brownfield investment with an initial capital of 4 million euros.
It will start as a brownfield investment by renting an existing plant in the city.
You start as a brownfield investment, which means the facility of existing plant will start with one hundred employees, and finished with 700 for three years.
They will begin operations in an existing facility as a Brownfield investment and will start constructing a new building to house their plant next year.
The potential investor of a brownfield investment will be able to choose the business venture that it wishes to realize in the capacities from the list by observing the legal regulations and urban planning, as well as the environmental standards.
100% FDI is allowed for brownfield investment on the government approval route.
The latest Brownfield investment of the Italian company Buzzi & Buzzi from Milan, which manufactures hi-tech lighting for such brands as Versace, Armani, Benetton, etc, was promoted in Prilep on Thursday.
An official from the FIPB stated, "Though there is yet to be a formal notification from the department of industrial policy and promotion (DIPP) on the revamped FDI norms for pharma companies, we chose to go by the current rules that require brownfield investment projects to take FIPB clearance.
A single piece of information delivered at the right time can mean the difference between a smart brownfield investment and a poor one.
It is very probable that we, too, are going to open a facility, which would be a Brownfield investment in the beginning and a Greenfield investment later," said Ines Andra from Akomplast.
Brownfields Capital provides a complete capital market solution for brownfield investment and redevelopment by addressing the needs of both buyers and sellers.