Between January and September 2010, the company posted sales of some RON63.9 million (EUR15.2 million).
For this year, the company expects sales of EUR28 million, up some 25% on the year.
Last year, Sortilemn delivered directly and indirectly through other IKEA suppliers, products worth EUR10.5 million, according to earlier statements by company representatives.
The company is currently unfolding investments worth some EUR6 million, to build a biomass cogeneration plant. The Plant will run on wood waste, and the investment uses EU funds, energy efficiency funds, a loan and the company’s own resources.
Sortilemn was founded in 1961 and it was privatized in 1999. Right now, the company is 65% owned by businessman Michael Brandhuber, while Ghisa Ludovic holds the remaining 35%.