Romanian Bilka sees turnover increase by 29 pct in 2014

Newsroom 09/02/2015 | 14:06

Metal roofing manufacturer Bilka Steel in Brasov, owned by businessman Horatiu Tepes, registered last year a turnover of over RON 134 million (approximately EUR 30 million), having increased by 29 percent compared to 2013.

The company produced and sold over 4 million square meters of metal roofing last year. Metal tile equaled half of the total sales (54 percent), being followed by accessories, corrugated sheet iron and thermo-insulating panels (31 percent) and rainwater systems (15 percent).

“2014 was a difficult year for the business environment, marked by unpredictability and insolvencies. We knew from the first year of activity that the company’s evolution must be influenced to a great extent by the internal business strategy. Thus, for 8 years we have invested over EUR 9 million and the main objective was to reach an optimal production capacity, an efficient logistics system, a wide range of products and a distribution throughout the country,” said in a release the company’s owner Horatiu Tepes (photo).

Bilka will continue this year an investment program of EUR 5 million which mainly aims at increasing and diversifying the production.

According to internal forecasts, in 2014 BILKA registered also an increase in metal tile market share. If in 2013 the company had 21 percent of the metal tile domestic market, in 2014 it reached 24 percent.