ZF English

Amvic business to surge to 13 million euros

24.10.2006, 18:42 26

Marin Crutescu, the Amvic group's general manager, stated that the expansion of the company's polystyrene materials production capacity and the introduction of new lines of business will generate a 60% increase in turnover, to 12-13 million euros in 2007. "The Amvic group was set up this year and comprises nine companies, with the most important of them specialising in PVC window production (the former Corina Gealan) and in the production of polystyrene forms. We have invested in a facility, which will start production next year and are hoping the increase in production will help us achieve our projected level," said Crutescu. The company estimates a turnover worth some 8 million euros for this year. Production of PVC windows accounts for the biggest share in the company's turnover, standing at some 6.4 million euros, followed by production of polystyrene materials. "Our goal for 2008 is for the production segment of forms to exceed the share held by windows in the group's business," said Crutescu. This year, the company started the construction of a production facility for polystyrene and polystyrene forms.

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