EnglishPolyurethane foams producer Poliflex Sibiu expects a 10% rise in turnover in the current year, compared with 112.5 million RON in 2006. Annual investments have surpassed 1.5 million EUR and they were focused mainly on equipment and technical upgrades, as well as a new production facility. Production increased by 15% last year.
This year, Poliflex intends to expand its distribution network in neighbouring countries. Currently, the company has more than 300 employees in its centers based in in Craiova, Bucharest, Piatra Neamt, Timisoara, Baia Mare, Constanta.
Poliflex is part of Eurofoam Goup, a joint venture between Austrian group Greiner and Belgian Recticel. Eurofoam is the ongoing European market leader of polyurethane flexible foams and it covers 14 countries with 43 national operators in a team of more than 2,400 employees. The group ended 2006 with a turnover of nearly 400 million EUR.
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