Double-glazing to boost Casa Noastra business to €33 mln

In 2007, the company posted €22 mln in turnover, 80 percent higher year-on-year.

Last year, the company started construction work on two production units for Polyvinyl Chloride (PVC) doors and windows, and two production units for double-glazed windows and special glass. The investment will amount to €45 mln, although last year’s estimates by company officials put the figure at €25 mln.

“The investment announced last year involved only three units. The current estimate, of €45 mln, includes the construction of four units, two storage facilities, an office building, and a showroom,” Ionescu added.

When the construction is finalized, Casa Noastra will have a daily production capacity of some 3,000 doors and windows, up from the current 1,200 items.

The local double-glazing market last year amounted to €1 billion, 30 percent higher year-on-year, with Gealan. Rehau, Veka and the Profine group the main players on the distribution market, and Oltchim, Teraplast Bistrita, Cardinal and Prodplast as main competitors in terms of production.