FEROPLAST: Relocation of activity in order to expand

The company Feroplast - Craiova, specialized in providing systems used in thermal insulating joinery industry, finalized in the first part of this year an investment that involved moving the operational activity to a larger location, placed in the industrial area of residence town, with a value of about 200,000 euro - a sum provided from internal funds and bank loans. Furthermore, the firm's managers are considering to develop the transport fleet development and to intensify marketing activities. In the first half the current year, the company recorded an increase of about 5% of sales and for the whole year is estimated an increase of 10% compared to 4.5 million lei recorded in the previous 12 months.