The company invested RON44.5 million in the new factory, of which RON8.5 million government aid.
The new factory was inaugurated online due to restrictions imposed to limit the spread of the new coronavirus.
“Our collaboration with the state was very good for this project. The new factory is located on a 37,800 sqm platform and administrative buildings, production halls and warehouses occupy over 14,000 sqm. Investments in equipment alone amounted to RON7.6 million and our total production capacity has increased to over 10 million sqm of roofing a year,” said Marian Pirvu,general manager of Wetterbest.
The new factory has around 350 employees.
Wetterbest (formerly Depaco) already had a factory in Baicoi and opened a second one in 2019. Its entire local production has now been relocated to a single platform.
Wetterbest had a turnover of RON270 million in 2019 and a net profit of RON15 million.
Pirvu said Wetterbest has not halted production during the coronavirus pandemic.