Romaniaî€™s market for adhesives advances 30-40% a year
Given the predictions, the main players nationwide are conducting massive investment in developing production facilities in the central county of Cluj and in expanding the existing facilities.
The adhesives department of Henkel Romania will start off this year another investment project put at 10 million euros to build a new factory in the northeastern part of Romania that should be able to put out 200,000 tonnes of adhesives a year, similar to the output of the factory at Campia Turzii, which is 250,000 tonnes a year.
Henkel Romania, the brand under which all the Henkel operations in Romania are conducted, is this year betting on a rise of 36% in its business turnover from 141 million euros in 207.
Another company expected to invest in production development, Bega Industrial Minerlas, a member of the Bega group of companies controlled by Marius and Emil Cristescu of the western city of Timisoara, has announced it will soon finalise an investment worth 3.5 million euros in building a factory for floor and ceramic tiles and polystyrene at Aghiresu, Cluj County.