Final Distribution invests EUR 500,000 in new production line

Newsroom 16/02/2011 | 11:55

Construction materials importer and distributor Final Distribution has opened a new production line of gutters and downspouts, in Prahova county, after a EUR 500,000 investment. Commercialized under the Novatik brand, the rain system manufactured in Baicoi will ensure a volume of 3.5 million per year for downspouts and 1 million per year for gutters.

The gutters and downspouts market in Romania is estimated to be worth EUR 20 million, of which the local production represents less then 30 percent. In 2010, registered a EUR 4 million turnover, maintaining at the level of 2009. For 2011, the company estimates an increase in turnover of about 20 percent, due to the development of the product portfolio.

“For 2011, we expect the Novatik gutter and downspouts segment to hold 17 percent of the company’s turnover”, stated Dan Mircescu, Final Distribution general manager. For 2011, Final Distribution estimates sales of over EUR 1 million from the segment of Novatik gutters and downspouts production. Final Distribution imports construction material brands Gerard, Delta and Keylite.