In early 2021, the company’s representatives said they would unleash a major investment in western Romania, after they had at end-2020 announced they were carrying out a project to expand the plant of Roman, Neamt county, to boost production capacity.
Together with the new investment in western Romania, the budget is set to top EUR7.5 million. The company’s officials then offered no additional details about the new project.
Austrotherm has three expanded polystyrene factories and one extruded polystyrene factory in Romania, located in capital Bucharest (egress to A1 highway), in Arad and in Roman (Neamt County), respectively. The annual production capacity of the three plants reaches 700,000 cubic meters of expanded polystyrene and 200,000 cubic meters of extruded polystyrene.
Austrotherm Romania ended 2020 with RON116 million turnover, down 3% on the year. Profit rose from RON6 million to RON16 million and the average number of employees hit 130.
The Romanian polystyrene manufacturing market is dominated by companies such as Adeplast, Austrotherm, Daw Bența, Firos, Hirsch Porozell, Mindo, Swisspor Isopor.
(English version by Catalina Apostoiu)