Valmet: 35m euros from metallurgic products

Hunedoara-based Valmet Production, which manufactures steel-concrete products, and sells construction materials, has estimated a 35 million-euro turnover this year, an increase of 23% on 2006. “Financial indicators for 2007 are positive and growth will largely be generated by the high demand for metallurgic products on the market, after some major investments in civil engineering and in industrial construction,” said Vasile Mazilu, administrative manager of Valmet Production, in an interview with ZF. In 2004, the company invested over 0.4 million euros in acquiring equipment for the processing of steel-concrete and in increasing its vehicle fleet. “From the beginning of 2007 until now, the market of metallurgic products has seen a 15% increase, a trend which, according to our estimates, will be maintained,” specified Vasile Mazilu.