The manufacturer has three plants, all of them in Constanta County. Sales of AAC account for most of the revenue, about 70%, according to the latest available data.
The company announced investments after its revenue went up last year nearing EUR30 million, ZF has calculated.
“The development of the residential sector, as proven by the 2.8% rise in the number of construction permits issued in the first eleven months of 2018 compared with the previous year, helped Celco improve its financial results by about 15% over 2017,”
says Nicolae Dusu, Celco president.
“We are conducting more than EUR4.5 million investments in the acquisition of new equipment, new product research and development, implementation of an energy consumption monitoring system (…).”
(English version by Loredana Fratila-Cristescu)