“The company ended 2015 with a turnover of nearly EUR26.4 million, up over 25% versus 2014. The increase was due to entering the market of volume products, along with opening in 2014 a production unit in Capusu Mare, Cluj County. Thus, the presence of our products on an extended market segment had a huge contribution, compared with the niche of special products on which the company has been operating so far,” said Sika Romania general manager Laurentiu Stefanescu.
This year’s advance is based both on launching new products and on the positive evolution of the local construction market, mainly on the residential, office and commercial segments.
Stefanescu emphasized that the growth rate reported in 2015 will also be kept this year. Thus, Sika Romania’s turnover will see a double-digit growth in 2016, compared with 2015.
The company’s plans for the upcoming period include opening a third factory on the local market, in southern Romania. Sika Romania currently holds two production units locally, in Brasov and Cluj.
According to Stefanescu, the local construction market had a positive evolution this year and is expected to grow by 7-8% on the profile segment.