Bilka is starting new works to convert the old Hidromecanica 2 halls into an insulated panel factory

It will start production in 2022, following an investment of EUR 25 millions

Bilka Steel company started in 2017 a large investment campaign of EUR 25 millions, purchasing the Hidromecanica 2 platform as well. On this platform, an insulated panel factory is to be extended and developed.

Thus, this year, Bilka’s priority is to invest in the inauguration of the new factory, which will start production next year.

In order to continue the works, the company has recently obtained two building permits from Brașov City Hall for the rehabilitation of two of the old halls. One of them has a usable area of 16,458 sqm and the other one of 5,243 sqm.

Investments in digitization as well

After the completion of the new factory, Bilka would start new investment stages to further develop its product range for the industrial sector. “We will also increase our current production capacity for several products as the demand for metal roofing continues to grow. Besides the investments in the production area, we are continuing this year as well with the investments to increase the degree of digitization in order to streamline processes”, mentioned Bilka owner, Horațiu Țepeș.

From a financial point of view, Bilka’s goal for 2021, established at the beginning of the year, is to exceed the turnover threshold of RON 1 billion. The evolution in the first part of the year is optimistic and it gives confidence that the goal will be met and perhaps even exceeded.

15% of the turnover, from exports

Currently, Bilka roofs are exported in Bulgaria, Hungary, the Republic of Moldova, Germany, Poland, Slovakia, The Netherlands, Austria, Ireland and Ukraine. From the RON 795 million turnover last year, about RON 120 million, i.e. 15%, came from exports.

Bilka ended 2020 with a 20% increase in turnover compared to 2019, when its turnover was RON 655 million. The profit reached almost RON 102 million, almost double compared to 2019, and the average number of employees remained at 550, with the plan to reach 600 persons by the end of this year.

Article published on bizbrasov.ro website, author: Ionuț Dincă