The company doesn’t sell its products abroad at this time.

“We want to double our turnover within a year because we have the technical capacity to double our output. Depaco must sell at least 30% of its output abroad. Even though we are not shareholders there, Depaco started selling in Hungary and Bulgaria after we signed takeover papers,” said Dorel Goia, the majority shareholder of TeraPlast Bistrita, which bought 50% of Depaco back in March.

Depaco has two production units and had a turnover of EUR28 million in 2016. TeraPlast eyes doubling Depaco’s turnover within a year.

“It’s not little considering a growing market of EUR180 million. Metallic shingles are replacing ceramics because they’re more durable, easier to fit, lighter and cheaper,” said Goia.

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