Paint manufacturer EVOLOR inaugurates new production facility on Oltchim industrial platform
EVOLOR, one of the largest players in the Romanian varnish and paint production industry, inaugurates a new factory on the Oltchim Râmnicu Vâlcea industrial platform, following an investment of 3 million euros.
The new facility, located on the site of the former Chempro factory, purchased last year by the company, is the result of an extensive modernization process.
The decorative plaster factory on the Oltchim platform is expected to generate, in the first full year of activity, a production of approx. 10,000 tons of decorative plasters, mosaic plasters and plaster primers.
The new production facility has an area of 3,776 square meters and includes high-performance and robotic operational capabilities, a new research and development laboratory, state-of-the-art technology equipment and logistics and administrative spaces.
“Today we start a new chapter in the development of EVOLOR, a 100% Romanian success story. We thus add to over 30 years of expertise and performance in the varnish and paint industry, the technology, innovation capabilities, know-how and investments necessary to accelerate the transformation of EVOLOR into a formidable player on the European construction materials market ”, declares Bogdan Pîrvu, CEO of EVOLOR.
Also on Oltchim platform, the company aims, in the coming years, to develop a new production section of washable paints, a production section of ecological varnishes and enamels and a logistics center for the distribution of finished products, in order to expand its distribution area, both domestic and export markets.
For this purpose, EVOLOR purchased 6 plots of land with a total area of 13,518 sqm, in addition to the initial investment in the hall and the related land of 12,321 sqm. Currently, the total area intended for the development of operations is 25,839 sqm.
“The reindustrialization of Romania, our strategic mission at ROCA Industry, means concrete steps and actions, which require investments, teams with vision and implementation capacity and real value added to Made in Romania products. The inauguration of the EVOLOR factory on the Oltchim platform, a strategic investment of the holding, concretely shows that reindustrialization has already begun and we are happy to be promoters of this process. We continue to believe that Romania has every chance to export competitive industrial champions to Europe and fulfill our assumed promises”, declares Ionuț Bindea, CEO of ROCA Industry.
In the first half of 2024, in a difficult market context for the construction materials industry, EVOLOR recorded a turnover of 53.7 million RON, again marking an increase of 8.3% compared to the same period from 2023.
Since 2023, EVOLOR launched export operations to markets in Israel and Moldova Republic. While commercial relations to Isreal have been stopped at this time, due to the politic context, this year brought new export to the United Kingdom. One of the company’s strategic goals in 2025 is to increase export volumes in all foreign markets where it is already active and to open new export channels.