The company has not provided more details on the current production capacity of the Brasov plant, but says so far Kronospan investments on the Romanian market have exceeded EUR500 million. Kronospan owns two plants in Romania, one in Brasov and one in Sebes, as well as a logistical center in Constanta.
“We plan to finalize the investment in Brasov this year,” Oana Bodea, general manager of Kronospan Romania, told ZF Transilvania.
Austrian-owned Kronospan has budgeted a 15% turnover rise for 2013 against last year, but the company has yet to release its 2012 results.
In 2011 the three companies controlled by Kronospan in Romania had an overall turnover of EUR320 million and losses of EUR16 million.
In Brasov Kronospan manufactures oriented strand board and particle board for the furniture industry.
(English version by Daniela Stoican)