Romanian AdePlast opens polystyrene factory in Oradea following EUR 3.2 mln investment, plans further expansion

Romanian construction materials producer AdePlast, owned by businessman Marcel Barbut, has recently opened a new polystyrene factory in Oradea, Romania, following an investment of EUR 3.2 million, according to the company. The new plant’s production capacity is 700,000 cubic meters per year. This is AdePlast’s second polystyrene factory, after the one located in Ploiesti and the company plans to open a third one in Romania this June, according to Marcel Barbut, CEO Adeplast. “The development of the other industrial platforms in Ploiesti and Roman will continue throughout this year, for July we plan the opening of the paint factory in Ploiesti,” added Barbut. AdePlast invested a total of EUR 22 million in the three local platforms, at Oradea, Ploiesti and Roman. By opening the new factory in Oradea, the Romanian manufacturer aims to consolidate its position in neighboring Hungary and in Western Europe, with exports being a development target for the following years. “Bulgaria, the Republic of Moldova, Ukraine, Hungary, Austria, Germany or Lebanon are markets where we will be increasingly more present; in the first four months, we already had a 49 percent export increase compared to the same period last year,” said Marcel Barbut. AdePlast is owned by Romanian investor Marcel Barbut and was founded in Oradea, in 1994. The company currently has 250 employees across the country. Irina Popescu, irina.popescu@romania-insider.com (photo source: the company)