The company’s Executive Director, Sebastian Bobu, said the new production unit is located on a 40,000-square meter plot of land and has production hall of 3,000 sqm, where Symmetrica will produce paving stones, kerbstones, garden elements and sewer drains, at an average capacity of 3,000 sqm daily, ensuring an increase of 15% of the entire production at company level.
Symmetrica has factories in Veresti (Suceava county), Podu Iloaiei (Iasi County), Bolintin Vale (near capital Bucharest), Prejmer (Brasov County), Cociu (Bistrita-Nasaud County) and Doaga (Vrancea County)
The decision to expand the production capacity is due to a favorable context of the construction market and the growth of company’s business from one year to another. In 2020, Symmetrica posted a turnover of RON162 million, up 20% from RON135 million in 2019, and doubled its profit to RON17.1 million, finance ministry data showed.
Also, Symmetrica saw significant growth in the volumes of products delivered, selling almost 7 million meters of products, in 2020, compared with nearly 6.3 million meters of products in 2019.
For 2021, company officials expect a 15% increase in turnover.
Symmetrica is a Romanian company established in 1994 by Florentina-Mihaela Stanciu (40% of the shares) and Florin-Cristinel Stanciu (60% of the shares).
The local paving stone market reached RON129 million in 2019, up nearly 20% compared with 2018, according to construction market research data by Neomar Consulting.