On an upward trajectory, the holding aims to consolidate its regional position
- ROCA Industry appoints Camelia Ene to lead the holding
- Camelia Ene has 25 years of experience in multinational companies, with over 17 years in the energy sector, including 7 years as CEO of a top company in the field
- Ionuț Bindea continues his activity in the holding as Chairman of the Board and Senior Investment Manager of ROCA Investments, focusing on developing investment strategies
Bucharest, January 22, 2025 - ROCA Industry, the first Romanian holding company of construction materials manufacturers, listed on the Bucharest Stock Exchange under the symbol ROC1, announces the appointment of Camelia Ene as the head of the company starting this January.
Camelia Ene has 25 years of professional experience in multinational companies with over 17 years in the strategic energy sector (oil & gas), including 7 years as CEO of one of the most important companies in the field at the local level. Among her notable achievements in this role are the implementation of major strategic projects, expansion of product portfolios, and development of the nationwide retail network to strengthen market presence. Thus, Camelia Ene brings to ROCA Industry a strategic vision focused on sustainable growth and consolidation, aligned with the holding's objectives.
At the same time, Ionuț Bindea, who held the position of CEO for almost 3 years, continues to support the holding's growth as Chairman of the Board of Directors of ROCA Industry. Furthermore, as Senior Investment Manager of ROCA Investments, he will focus on developing the investment strategies of the private equity fund that holds the majority stake in ROCA Industry.
"ROCA Industry is on an upward trajectory, and passing the torch to Camelia Ene represents a natural step in continuing our regional growth strategy. We have worked intensively to build a solid foundation, and the experience Camelia brings from a strategic sector will strengthen our ability to navigate market challenges, positioning Romanian companies as regional leaders. I remain active in key positions, continuing to support the strategic development of the holding," states Ionuț Bindea, Chairman of the Board of ROCA Industry (and Senior Investment Manager at ROCA Investment).
ROCA Industry has demonstrated positive growth, going through a scaling and transformation process over the last 2 years, with significant achievements such as listing the holding on the main market of Bucharest Stock Exchange in March 2024, expanding the portfolio to 7 high-performing companies in various sectors, and successful M&A processes in Romanian and Moldovan markets.
“I am starting this new chapter with ROCA Industry with energy and the desire to continue driving impactful projects for the future of the industry. My experience in business transformation and scaling aligns with ROCA Industry's vision of building strong Romanian companies that are competitive at the regional level. Our team of professionals will continue to pursue the sustainable growth of the holding and leverage market potential, thus demonstrating that the Romanian industry can generate value and innovation," states Camelia Ene, CEO of ROCA Industry.
From the perspective of ROCA Industry's financial results, the report for the first nine months of 2024 shows a cumulative turnover of 517.3 million RON, a 9% increase vs. the same period of the previous year, despite over 23% decrease in the residential construction index. The cumulative EBITDA of the companies reached 59.5 million RON, marking a 48% increase compared to the same period in 2023.
ROCA Industry, a holding majority-owned by private equity company ROCA Investments, represents the first strategic pillar dedicated to generating value through consolidating and modernizing Romanian production capabilities, with the aim of increasing the competitiveness of the national industry.
ROCA Industry directly and indirectly owns 7 significant players in the construction field: BICO Industries (the first and largest national producer of fiberglass mesh and the only local producer of fiberglass reinforcements), EVOLOR (one of the largest players in the paint and varnish production industry), VELTA DOORS (the largest Romanian producer of doors for residential construction, resulting from the merger of ECO EURO DOORS with WORKSHOP DOORS), DIAL (producer of wire products), ELECTROPLAST (one of the most important producers of electrical cables), as well as fiberglass producers Terra and Iranga, through BICO Industries.