AdePlast's turnover reached RON 373 mln in the first three quarters

AdePlast’s turnover reached RON 373 mln in the first three quarters

Newsroom 19/11/2018 | 12:07

Building materials manufacturer AdePlast registered a 9 percent growth on a 9-month period compared to the same period last year, with a turnover of RON 373 million. The same positive trend was also found in exports, which maintained a share of 8 percent of the total turnover.

All these growths are coupled with the development of the company as a whole, with the completion of the Isalnita platform, after an investment of EUR 22 million.

”During this year, Adeplast’s business has been carried out as planned. The segment of non-residential buildings and the segment of maintenance and repair work was of significant importance in turnover growth. We recorded a 12 percent increase in the middle of the year, and the pace accelerated, so sales rose by 17 percent in the third quarter. Exports have also helped increase sales, and the countries we headed for this year were Hungary, Bulgaria, the Republic of Moldova, Greece, but also western markets such as Spain, Italy, Austria or the UK, where we have recorded strong sales growth. The fact that in recent years we have succeeded in opening international markets and increasing demand on our products, it is still a guarantee that at AdePlast we are doing the right thing. The completion of the Isalnita platform, which started production at the end of August, is another strength we have focused on this year. The investment was made to serve the entire southern part of the country, Bulgaria, Serbia, and the other countries of the former Yugoslavia,” said Daniel Stancescu, AdePlast CEO.

AdePlast has created new jobs this year for the new production facility in Isalnita, Craiova.

”The investment generated 77 new jobs; we currently operate with 467 employees on all four industrial platforms from Oradea, Ploiesti, Roman and Isalnita,” concluded Daniel Stancescu.