The expansion comes amid the need to boost production capacities. Baumit representatives did not respond to ZF’s request for information about expansion investments and other project details.
Baumit’s plant of Sag involved EUR3 million investments and was announced in 2019. It created between 35 and 45 jobs.
Baumit saw its turnover in Romania go up by 12% in 2019, to RON335 million. The company’s profit reached RON21.4 million, up 35% year-on-year, and the number of employees rose to 264. Thus, Baumit Romania hired 44 people last year.
Over the past three years, the company has invested over half a million euros in technologies and equipment.
Baumit was established by the merger of two Austrian construction companies in 1988 and arrived in Romania in 1995, the same year it established its Bulgarian subsidiary.
The company owns three plants in Romania, in Teius (Alba county), Bolintin Deal (Giurgiu county) and Sag (Timis county), and two warehouses, in Bucharest and Bolintin Deal.
(English version by Catalina Apostoiu)