Exports are seen to secure 10% of total sales.
“Our partners on the local market are still facing difficulties and we are also considering tapping other markets including Libya, Algeria, Saudi Arabia, Iraq and Iran. We want exports to Germany, Bulgaria, Croatia, the Republic of Moldova and the new markets to secure about 10% of our total turnover,” Gealan Romania general manager Aurel Vlaicu said.
The company’s turnover increased 20% in the first half of 2013 compared with the similar interval a year ago.
Its investment budget for 2013 exceeds EUR1 million. The company plans to develop new technologies and products.
Gealan Romania is owned by German group Gealan. According to its own estimates, it has a market share of 35-40%.