ZF English

Triplast estimates 20% higher sales

16.03.2007, 19:30 13

Targu-Mures-based Triplast, a producer of plastic and steel structures, estimates an 8.2 million-euro turnover for this year, up 20% against last year. Recently, Triplast acquired a 3,000 square-metre facility on the outskirts of the city where it intends to build a new line of production. According to company representatives, reconditioning and modernising works for the new space have already started, in order to enable production to start by the end of 2007. At present, the investment has exceeded 1 million euros. "The main purpose of the investment is an increase in the company's productivity with a view to meeting the large volume of orders received from our clients. We intend to increase Triplast's number of employees by up to 20%, once production in the new factory begins," Kerekes Botond, the company's financial manager, told ZF Transilvania. Export currently accounts for 5% of Triplast's total shares, however, according to company officials, deliveries to foreign markets are to witness an up to 15% increase. Triplast's foreign business partners are from the Czech Republic, Slovakia, Poland, Hungary, Bulgaria, Austria and Spain. "We estimate a positive trend of financial indicators this year, given the big demand on the market for flexible steel structures used for building bridges, viaducts and tunnels, products we have already had experience in constructing," added Kerekes Botond.

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