AdePlast turnover, up 65 pc in Q1


AdePlast recorded in Q1 2014 an increase by 65 percent in its turnover from the same period in 2013, up to RON 47 million, informs a press release. According to the cited source, from January to March, AdePlast increased its sales by 126 percent on the thermal systems segment due to investments made in the past year and the favorable weather conditions, especially in March. ‘This trend was possible because, since last year, we have been covering very fast the distribution in Romania due to the polystyrene factories opened on our platforms in Oradea and Roman. Their strategic location facilitates also product delivery on foreign markets at good costs. This year we have done a technological upgrade worth around EUR 200,000, have increased the production capacity of the expanded polystyrene factory in Ploiesti, from 700,000 cubic metres to 1,050,000 cubic metres annually. All these investments have positively influenced the figures recorded in Q1,’ Bogdan Parvu, AdePlast Paints Division Manager said in the cited release.

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