End-June, the company put a new production line into operation, part of an investment program set off at the beginning of 2014, of nearly EUR7 million, and due for completion in 2016.
”Seven new production lines will be put into operation and three new metallic tile models will be launched in the second half of 2015. Product diversification will boost both Bilka’s sales and the entire profile market,” said Tepes.
Investments are covered from own funds, bank loans and European funds.
Following the increase in first-half sales and the investments aimed at expanding the production capacity, the company plans to buy new plots of land which will be used to boost the storage capacity of raw material.
According to company data, the roof tile market saw an average increase of 10% in the first half of the year. In 2015, renovation works remain the main growth engine for roof tile sales, but there is also the segment of new residential and industrial works.
The company started its activity in 2007 as an importer of steel roofs and started production in 2008.