Romanian pavement producer Symmetrica announced the launch of a new production unit following an investment of EUR 7 million. The new factory, located in Ovidiu, Constanta County, is the company's ninth manufacturing unit and the first in the South-East of the country.

The new factory will produce over 100,000 units per month, thus reaching a total production capacity of 4,000 linear meters / square meters daily.

The company reported EUR 42.7 mln in revenues and EUR 5.1 mln net profit last year.

"Symmetrica has an important geographical coverage, and the South-East of the country was already in our attention, with an important growth potential both in terms of public and private projects. Also, with our entry into this region, we are ready to get actively involved in supporting local communities, as we already do in all other localities where we are present", said Sebastian Bobu, Executive Director of Symmetrica.

iulian@romania-insider.com

(Photo source: Symmetrica)