ELECTROPLAST: Over EUR 9 million investments to modernize the factory

• Electrical cable manufacturer ELECTROPLAST is carrying out an investment project estimated at over EUR 9 million for modernizing the production unit and expanding its facilities.
• This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint.
• ELECTROPLAST is participating in the modernization of Romania's railway infrastructure. The company recently contracted new landmark railway projects: modernization of the Caransebeș - Timișoara - Arad line and electrification of the Cluj - Napoca - Episcopia Bihor, Craiova - Caransebeș, and Apata - Cața routes.
• The electrical cable market in Romania has an estimated value of approximately RON 8 billion.

ELECTROPLAST, one of Romania's leading electrical cable manufacturers, marks a new development phase through the implementation of an investment project worth over 9 million euro, aimed at technological modernization of the factory and through expanding its presence in major railway infrastructure projects. Through current investments and strategic partnerships, the company continues to strengthen its position in the production of high-performance electrical cables, supporting both energy transition and modernization of national transport infrastructure. The electrical cable market in Romania is estimated at approximately 8 billion lei.

In the first half of 2023, the company, with over 30 years of market expertise, joined the portfolio of construction materials holding ROCA Industry, listed on the BVB main market. Financial results from H1 2024 show that ELECTROPLAST achieved a turnover of 80 million RON, increasing by approximately 3% compared to the similar period in 2023. EBITDA increased by 56% compared to the previous year's level, reaching 4.7 million RON, due to balancing the mix of clients and products sold, along with the unblocking of railway infrastructure projects financed through PNRR. Additionally, production digitalization and operational efficiency measures have led to a more energy-efficient production process, increased productivity, and ultimately lower operating costs.

"Investments in advanced technology and our involvement in railway infrastructure projects are strategic steps that ensure increased production capacity and energy efficiency, as well as positioning ELECTROPLAST as a key player in projects that set the direction for a sustainable and high-performing future. We are proud to contribute, through the expertise accumulated over more than 30 years of activity, to the modernization of national industry and infrastructure," stated Dan Burian, CEO of ELECTROPLAST.

Investments in advanced technologies for efficiency and sustainability