Somaco reports 37 percent increase in BCA sales in 2010

Newsroom 04/10/2010 | 10:35

Somaco Grup Prefabricate has announced a 37 percent increase in its BCA sales in the first nine months of the year, compared to the same period of last year when it sold 144,400 cubic meters. The growth was registered at a time when production numbers on the BCA market dropped.

“We managed to post this growth in BCA sales because of the territorial expansion of sales in Transylvania, expanding the offer […] and winning a major contract in August where we delivered 16,764 cubic meters of BCA to the National Housing Association,” said Gabriel Colobatiu, general manager of Somaco Group Prefabricate.

This year, Somaco expects a 10 percent increase in the volume of BCA sales. The firm owns in Adjud the largest BCA plant in Moldova, with a production capacity of 300,000 cubic meters. Between September 2008 and May 2010 it invested over EUR 1 million in modernizing, upgrading and expanding production at its Adjud factory.

The company has a medium-term investment budget of EUR 8-10 million and plans to expand the production capacity of the plant once the BCA market shows signs of recovery. Somaco is owned by investment fund Oresa Ventures, through its subsidiary Sonriso Investments.

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