In 2014, the company posted a total turnover of RON85.5 million (EUR19.3 million) and eyes a 7% to 8% increase of sales in 2015.
“Since early this year, the market had a good development and hope this trend maintains over the next period. In 2015, we will complete investment projects in bringing new technologies and in the development of the production capacity, managing to increase by 10% the volume for export,“ Marius Paraipan, brand manager with Elmas Brasov told ZF Transilvania.
In 2014, the company took over a metallic structures factory from Steel&Alu Building, in a EUR3.75 million deal, mainly financed through a EUR3,4 million loan.
The company employs 312 people and recruited 25 people since early this year until now, mainly in the production, technical, service and sales department.
The company was established in 1990 and produces elevators and escalators, industrial cranes, forklift trucks, car parking systems, storage systems and steel structures. It has eight working points in the country and three branches in the Republic of Moldova, Bulgaria and Hungary.
Elmas’ main shareholder, with a 40.3% stake, is businessman Marton Geza, while the rest of the shares are owned by other individuals.
The company currently develops EUR5.5 million investments, mainly in developing the production capability and brining new technologies, the project being completed this year.
(English version by Manuela Panescu)