Company general manager, Iulian Mangalagiu, said in a statement that the launching of the Brikston and Brikston klinker brands tripled the company’s sales between 2008 and 2012.
Mangalagiu added that, for 2015, Brikston Construction Solutions plans to continue its regional expansion strategy, develop its range of products, make new investments in services and boost its exports.
Until 2014, The company had been controlled by private equity firm Advent which sold its majority stake in Ceramica to private equity firm ADM Capital. According to sources on the constructions market, the deal topped EUR10 million.
Founded in 1998, ADM Capital earmarked $2.9 billion for 110 investments and currently manages assets worth $1.6 billion. ADM Capital has units in London, Kiev, Istanbul, Almaty, Mumbai, Beijing and Hong Kong.
In 2013, Ceramica Iasi had a turnover of RON72 million (EUR16.3 million), compared to RON64 million in 2012, and a profit below RON100,000, compared to RON2.2 million a year before. The company has more than 200 employees.