Prolemn ended the first four months of this year with turnover of RON55.4 million, a 16% increase from the same period of last year.
“This year, we see the market rebounding, so that we expect a significant increase in Prolemn’s domestic sales. At the same time, demand for Doorpan door skins is rising. As for the foreign market, 2010 was a better year than 2009 and signals are positive for 2011, as well,” stated Mustafa Rafi, head of Prolemn’s financial department.
The company ended 2010 with over RON158 million in sales, close to the previous year’s level.
By the end of 2011, Prolemn plans to complete a EUR50-60 million investment in a particleboard manufacturing line, with a MDF line to be installed subsequently, as well. The investment is 40-50% self-funded and the rest of the money comes from banking loans and leasing.
(EUR1=RON4.1297)