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2023-10-31 00:00:00
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General Membrane, a leading Romanian manufacturer specializing in bituminous membranes for the construction sector, liquid waterproofing products, and expanded polystyrene, has secured a loan of EUR 2.6 million from ING. This funding is geared towards the development of a new manufacturing facility devoted to expanded polystyrene and the establishment of a photovoltaic system, as highlighted by Ziarul Financiar.
With a presence spanning over 17 years in the Romanian market, the Italian-based General Membrane Group boasts multiple production lines situated in Buzău County. In 2022, the company registered an impressive turnover of RON 108 million (equivalent to EUR 22 million). Its commercial operations extend across Romania, Moldova, and Bulgaria, facilitated through its proprietary distribution network and supplemented by DIY retail outlets.
This move exemplifies the significance of business partner searches in the Central and Eastern Europe (CEE) domain, highlighting the consistent growth trajectory and the promising potential for securing the right distribution partners in this region.
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