In 2022, BICO Industries, directly held by ROCA Industries, entered the Republic of Moldova by acquiring glass fiber mesh manufacturers Euroglass and Terra, which later merged and formed a consolidated entity called Terra. The strategic merger’s goal was to increase production capacity, optimize operations and expand ROCA’s regional presence.
“The government supports investments that create jobs for people and grow the economy. Terra Impex is a successful Romanian business from the Vulcanești Free Economic Zone, which developed with ROCA investments. The company has ambitious development plans – it wants to increase production capacity in the Republic of Moldova in the next three years and create new jobs, in addition to the almost 190 already existing. It is a concrete example of foreign investment that transforms the local business environment and contributes to the development of the economy”, said the Prime Minister of the Republic of Moldova Dorin Recean.
The Terra factory in Vulcanești has gone through significant modernization processes, with investments for the installation of a new tricot production equipment, with a capacity of 10 million square meters annually, completed in 2023. Currently, the company exports its products to Romania, Ukraine and countries in the European community, strategically reorienting its focus on the market.
Terra will begin an extensive digitization process in 2025, which will start with the implementation of an ERP system, a stage that will be followed by the implementation of WMS, MES and APS solutions in 2026-2027, thus strengthening its operational capabilities and its position on the domestic and regional market.
(English version by Loredana Fratila-Cristescu)