“Last year, amid integration in Kingspan, we started a major EUR4 million investment program, set to continue this year. This is aimed at expanding production and delivery capacity by acquiring new machinery, as well as warehousing and transport equipment. We also target boosting operational efficiency through digitalization investment,” says Marian Pirvu, Wetterbest CEO.
The company in 2021 continued its activity efficiency boosting process it started in 2020 after moving to a new production platform developed in the wake of EUR9.4 million nvestment.
Right at the pandemic onset, Wetterbest opened a new plant in Baicoi, Prahova county, a RON44.5 million investment.
In 2020, Wetterbest posted RON303 million turnover, up 12% on the year, being thus one of the 20 largest building materials producers in Romania. The company reached RON16.3 million profit and an average number of 341 employees.
For 2022, rising commodities prices pushed up costs, which will be reflected in the final costs of constructions and renovation, according to Wetterbest,
“From this reason, we expect the roofing and metallic profile market to stagnated, in terms of volume”.
(English version by Catalina Apostoiu)