Romrecycling: 160m-euro business from scrap metal

Romrecycling, a group that specialises in collecting and recycling scrap metal, will open three new collection centres in the next three months, with the investment estimated at around 1-1.5 million euros for each centre. Romrecycling Group, which comprises the Romrecycling, Remat Sibiu and Remayer, closed last year with turnover worth approximately 161.5 million euros, with around 123.4 million euros coming from the company the group is named after. Specialising in the collection and recycling of scrap metal, the group, a part of the Dutch-based industrial group Ecore, expects to witness an organic growth, after it opens new collection centres. “This year, we opened a new centre in Brasov, which covers around 12,000 square metres, with the investment worth around 1.3 million euros, and we plan to open another collection centre near Bucharest in November, with an investment worth almost 1.5 million euros,” said Bogdan Popoiu, general manager of the Romrecycling Romania group.