The new logistics center will be established in London, in the vicinity of Wembley Stadium, and will serve as a sales and delivery point for VeroTherm products.
This project is conducted in partnership with Essential Green Solutions Limited, led by entrepreneurs Oves Jasat and Ionel Giuran.
The investment for setting up the logistics center will initially amount to EUR250,000, primarily directed towards creating a space that adheres to optimal operational standards.
“We closely monitor the industry in which we operate, and currently, in the UK, there are various incentives offered to homeowners for improving energy efficiency and reducing CO2 emissions. Amidst a rising demand in this market, coupled with purchasing power, we offer a competitive advantage in terms of pricing, quality, and delivery capability. We anticipate that the space will be operational at the beginning of next year, contingent upon the completion of the authorization process,” stated Vicentiu Mocanu, general manager of VeroTherm.
VeroTherm has been active in the local market since 1998. The factory in Ramnicu Valcea currently has a production capacity of 750,000 cubic meters of polystyrene and 100,000 tons of dry mortars annually. VeroTherm plans to double its production capacity with the opening of the new factories near Bucharest, planned for the third quarter of 2024.
(English version by Loredana Fratila-Cristescu)