Depaco, held by TeraPlast Group, has recent opened a sales center in Brasov, reaching three units locally, together with the two units in Cluj-Napoca and Timisoara, respectively.
”The opening of the showroom in Brasov is in line with our medium-term objectives to boost the market share and the notoriety of the brand”, said Marian Pîrvu, general manager of Depaco-Wetterbest.
Depaco holds one of the largest manufacturing capacities of metallic sheet tiles and accessories in Romania, through its three factories in Baicoi (Prahova County), Podari (Dolj County) and Saratel (Bistrita-Nasaud County).
In 2018, Depaco reported a turnover of RON232.5 million and a profit of RON8 million, according to the latest Finance Ministry data.
In May 2019, TeraPlast Group, the largest Romanian construction materials producer, increased its equity stake in Depaco by 32%, reaching 99%. As a result of the contract concluded on May 10, 2019, TeraPlast’s total investment in the 99% equity stake in Depaco exceeded EUR17 million.
In the first quarter of 2019, Depaco contributed the most to the evolution of TeraPlast Group’s consolidated turnover, with an increase of EUR3.9 million compared to the firest quarter of 2018, as a result of developing the industrial segment and of some internal changes.
For 2019, Depaco targets an 18% increase in turnover versus 2018, to EUR55 million. Its earnings before interest, taxes, depreciation and amortization (EBITDA) is expected to grow 51%, up to EUR4.6 million, according to company’s latest data.