Barbut said AdePlast slated into service four new production facilities in 2013 and it is ready in 2014 to meet demands both on the local market and abroad.
AdePlast said sales of its decorative coatings and paints division rose over 150% on the year in the first quarter of 2014. The division reported sales of nearly EUR4 million in 2013, almost 2.5-fold higher on the year.
AdePlast estimates to double its turnover on the paints segment in 2014, basing its projections on a research-development department in which it invested over EUR500,000 in 2013.
AdePlast operates three industrial platforms in Oradea, Ploiesti and Roman where it produces adhesives, mortars, paints and polystyrene.
At the end of 2013, the company said it targets investment projects in Saudi Arabia and Kuwait.
In 2013, the company reported a turnover of RON253 million, up 37.3% compared with the previous year.