Floorboard producers, set to resume investments

Floorboard market players are hoping for a two-digit increase for the sector this year amid signs the constructions market will improve. Egger, Kronospan and Barlinek are among the biggest players on the market, dominating the industry.

Expanded production capacity means in fact a new line, in which 2.3m euros were invested. The move to boost production came amid the rising demand, which could bring the first signs of a revival after a crisis period of several years.

Austria’s Kronospan, on the other hand, do not manufacture floorboard in Romania, but prefer importing it. The firm budgeted 290m-euro turnover for this year, up 90% from 2010.

With turnover of above 90m euros in 2009 and 4.1m-euro profit, Egger delivers more than half of production abroad.