ROCA Industry reports in the first 9 months of this year a turnover of 517 million RON, at a cumulative level for the companies in the portfolio, increasing by 9% compared to 2023.
This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint.
The initial 70% stake in Workshop Doors' share capital was acquired by ROCA Industry in February 2024.
The total targeted amount is up to €10 million. The holding intends to raise this amount from investors over the next 2 years.
At the level of the entire holding, an EBITDA level of RON 36.3 million is reported in S1 2024, representing an increase of 75.2% compared to the same period of the previous year.
The holding is developing a decarbonization plan with the objective of reducing the carbon footprint by 20% by 2030.
The value of the company increased by 23% in the two years of its presence on the capital market, and at the time of the transfer it had a capitalization of RON 234.7 million.
ROCA Industry, the first industrial holding in Romania, specialized in construction materials, owned by ROCA Investments, recorded a cumulative turnover of 553.8 million RON.
Romania is at 34% of the EU average in innovation in 2024, and the startup success rate is not above 10%.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
The collaboration involves key activities critical to the brand's long-term success in these new markets, including identifying and selecting franchise partners.
The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.