“One of the most important investments we are completing this month is the second thermal-insulating panel production line. Located in a 7,000-sqm hall, this is equipped with state-of-the-art machinery, securing a modern technologic flow, set to being high quality products onto the market. The investment tops EUR10 million and will almost double production capacity,” said Irina Tanasescu, commercial strategy director at Topanel.
The officials of the company founded 15 years ago expect turnover to go beyond EUR60 million by yearend.
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.
It had 122 employees in 2023.
(English version by Catalina Apostoiu)