Export sales, mostly generated by selling building materials to Hungary and Bulgaria, had a big contribution to the company’s first-quarter revenues.
AdePlast will be opening two new factories in Isalnita (near Craiova) in May 2018. The two factories cover 20 hectares and will produce 450,000 tons of dry mortar and 700,00 cubic meters of polystyrene. The industrial platform entails an investment of EUR22 million and will serve the southern part of Romania, Bulgaria, Serbia, and the other countries of the former Yugoslavia.
Under the circumstances, the company plans to employ 70 people in 2018 in all manufacturing platforms held in Romania. At the end of 2018, the company will have more than 400 employees on its industrial platforms in Oradea, Ploiesti, Roman and Craiova.
AdePlast has three factories (paints, mortar and polystyrene) in Oradea, four factories (paints, mortar and two polystyrene units) in Ploiesti, as well as two factories (mortar and polystyrene) in Roman. The company announced in 2017 that it will open new production facilities on the industrial platforms it already has, but also in Isalnita (near Craiova) and Cluj-Napoca.
Adeplast reported a turnover of EUR92 million in 2017, up 20% on the year. Exports reached EUR7 million, accounting for 8% of total turnover.