HAfA¶rmann Romania expects 7 percent increase in turnover to EUR 6.5 mln for 2011

Newsroom 08/12/2011 | 16:30

Hörmann, a leading manufacturer of garage doors and loading technique, forecasts a turnover of EUR 6.5 million for 2011, which is a 7 percent increase compared to 2010. This increase is attributable to increased activity in the industrial segment.

This year, the company supplied industrial sectional doors and loading technique for the logistical centers of Mega Image in Bucharest and Kaufland in Turda, and also for Maritimo shopping Center in Constanta.

“After the 25 percent drop in turnover in 2010, we are seeing the first signs of recovery in this market. For Hörmann, the growth originates from the industrial segment. Although the growth rate is low, 3 percent in the first semester and 7 percent for the whole year, I believe this is a sign that the market will recover”, stated Bogdan Cojocaru, general director of Hörmann Romania.

Hörmann is a European leader in doors production (garage, industrial and special), present in over 57 countries, across 3 continents. The company has 12 manufacturing plants.

Ovidiu Posirca