Door manufacturer Porta KMI budgets 14m-euro turnover

Door manufacturer Porta KMI Romania, which is part of the Polish group Porta, estimates a turnover worth 14 million euros for this year, up 25% against last year. “This year’s estimated growth is based on Porta KMI Romania’s intention to expand its network of foreign distributors. The network now comprises 20 domestic distributors and 9 foreign distributors in countries like Bulgaria, Macedonia, Hungary, Serbia, Ukraine, Greece, and soon Slovakia will be on this list, as well,” said Mihaela Geicu, sales manager of Porta Romania. Each distributor has authorised sales outlets, with the total number of locations standing at around 4,500. Last year, the company’s turnover went up by 40%, to a figure of 10 million euros. The increase witnessed is due to the company’ s entering new markets in 2006, before which it exclusively exported to Serbia. In 2005, the company did not post profit due to the high amortisation rate, and did not provide such information for 2006.