BICO INDUSTRIES purchases new production equipment for the factory in Vaslui

SYMBOL ROC1PRICE 0.696RON(+/-) -0.57%OPEN 0.696RONCLOSE 0.7RONHIGH 0.696RON
BICO INDUSTRIES purchases new production equipment for the factory in Vaslui

The BICO Group, the largest producer of glass fiber netting in Eastern Europe and the third largest producer in the European Union, has signed a contract to purchase 6 weaving looms, to be installed in the Vaslui factory, in the first quarter of 2025.

The new production equipment will support the 30% increase in production capacities on the mesh assortments for interior plasters, as well as an approximate 8% increase in the BICO group’s turnover.

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