“By end-2023 we want to start activities at the new plant. The land plot has already been acquired, the unit design is already completed. We will expand our client portfolio,” says Catalin Silegeanu, the company’s sole associate.
Hidroplasto was founded in 2005. “Activities are sustained by 20 employees. In 2021, turnover reached EUR2.2 million, with profit of around EUR397,000. This year’s financial objective is reaching turnover of around EUR3 million,” says Catalin Silegeanu.
Hidroplast’s development plans envisage new production lines and new plastic waste recycling machinery.
In the first quarter of 2022, the company’s turnover rose 50% from the year-earlier period, to EUR600,000.
(English version by Catalina Apostoiu)