With an annual production capacity of 2.5 million square meters, this allows the company to increase its total annual production from 3 million to 5.5 million square meters of panels.
According to Irina Tanasescu, Commercial Strategy Director at the company, the new production line will aid bolster market share by 15-20% in coming years.
Topanel ended 2023 with turnover worth RON300 million (EUR62 million), down 18% from 2022. In terms of production, the company manufactured more than 3 million square meters of thermal-insulating panels, above the 2022 level.
(English version by Catalina Apostoiu)