Local construction materials producer Duraziv has announced an increase of 48 percent of its turnover in the first six months of 2011 to EUR 7.8 million against the same period of the previous year. The growth was generated by the launch of new products, wormer winter months and a general hike of refurbishing projects, said company representatives.
The highest increase was registered by adhesives, sales going up by 56 percent.
Since the beginning of the year the company has launched seven new products and says it will continue to do so. “We plan to dedicate 3 percent of our turnover each year to R&D and launching new products,” said Daniel Guzu, manager and owner of Duraziv.
Duraziv has reported a EUR 13.5 million turnover for 2010, 50 percent more against 2009. The company was set in 2004.