Izotec invests over 4m euros to double production

Ziarul Financiar 29.11.2007
Piatra-Neamt-based Izotec Group, a company specialised in thermal-insulating PVC trim, has started construction works on its second production facility, with investments worth around 1.7 million euros. The company already opened a production facility that covers around 3,000 square metres in February, with an investment worth 2.5 million euros. After the facility is completed in February next year, the plant's production capacity will double to around 700 units a day. "Massive investments in residential construction and administrative spaces, coupled with an improved standard of living, will lead to an increase in the demand for thermal-insulating trim," said Octavian Brumusescu, marketing manager of Izotec Group. Izotec has around 150 collaborators in 16 counties and 5 stores, through which it covers the eastern and central part of the country. Fol lowing the investments conducted this year, the company has become one of Gealan Romania's most important partners.