TeraSteel reported a turnover of RON125.7 million in 2016, up 8.4% on the year. TeraSteel’s exports rose 27% in 2016 when the company delivered products for major projects such as, a part of Dedeman stores, logistics center Penny Bacau and Mega Mall Bucuresti.
„The evolution estimated for 2017 will be backed by the increase in client portfolio, both on the local and the external market. We also count on increasing the share of zincate structure sales, a business line which set off in 2013”, said Dorel Goia, Chairman of Teraplast’s Board of Directors.
The increase envisaged for 2017 for TeraSteel business is also due to Teraplast’s acquiring Serbian sandwich panel producer Interlemind, in early June 2017. Interlemind has a production capacity similar to that of TeraSteel subsidiary, namely 2.2 million square meters per year, and the same machines respectively. Serbia’s sandwich panel factory will mainly serve countries such as Serbia, Bulgaria, Macedonia, Bosnia, Croatia and Montenegro, as well as secondary markets such as Hungary, southern Romania and northern Greece.
Beside the production of sandwich panels, which reaches a total 4 million square meters per year, along with integrating Interlemind, TeraSteel also has an annual capacity of over 6,000 tons at its zincate structures factory.