6.5m-euro Hormann door business

Hormann Romania, the local branch of the German door manufacturer estimates turnover worth 6.5 million euros for this year, a 20% increase against last year. On Wednesday the company announced it would invest over 4 million euros in building a showroom in the Militari area of the capital. Hormann-branded garage and industrial doors as well as loading technology will be displayed in the showroom that will cover an area of over 200 square metres. The construction will be completed at the end of October next year and, in addition to the showroom, it will also include space for an office building and a central warehouse covering over 4,000 square metres. Another target for next year is to increase its turnover by 20% and to attain modern promotion and display standards. According to its own estimates, Hormann has an over 40% share of the garage door market. Among Hormann’s leading customers are Kaufland, Praktiker, Selgros and Plus networks, Prologis, Eurial Peugeot, KLG, Cefin, OTP Bank, residential complexes Ibiza, Domnesti and Impact, the new Vodafone headquarters and Lafarge.