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.