Exports also rose 55%, due to sales in Hungary, Bulgaria, the Republic of Moldova, Cyprus, Great Britain, Germany or Austria.
“We started to work on the plans for 2017. At the end of the year, we will close several credit lines and focus on increasing the company’s profitability. Moreover, we plan to build a new plant in Oradea (…). At the moment, we are looking for an alternative financing solution, being interested in a partner to invest with us,” said Marcel Barbut, AdePlast CEO.
In July, the company said it will invest EUR15 million in a plant in Oradea city, which will be built in the next two years.
AdePlast operates three industrial platforms in Oradea, Ploiesti and Roman where it produces adhesives, dry mortars, paints and polystyrene.