Kastamonu Romania is held by is Kastamonu Entegre, one of the leading wood processing businesses in Turkey and expects this year’s revenue to reach EUR145 million, 18% higher than in 2014. The company has 880 employees in Reghin at the moment and plans to hire 45 more by yearend.
“We have more than 30 openings for electricians, forklift operators, operators, mechanics and mechanical engineers. We are still waiting for the permits for the glue factory, our most important project in 2015,” Kastamonu Romania officials told ZF Transilvania.
Kastamonu plans to invest about EUR15 million in building an industrial adhesive plant with a capacity of 100,000 tons of formaldehyde and 130,000 tons of urea resins and other products this year, which should provide for the company’s needs. The investment will generate 250 to 300 jobs and will take Kastamonu’s investments in the region to EUR350 million.
Kastamonu Romania exports to Turkey, Ukraine, France and northern African countries. Its officials expect exports to amount to more than EUR100 million this year, 17% higher than in 2014.
(English version by Loredana Fratila-Cristescu)