Isopan Est, the largest producer of thermal insulation panels in Romania, registered a 6% increase in production volume in the first half of the year, reaching a total of 1.3 million square meters of panels produced at the Popeşti-Leordeni factory.
At the same time, the company’s profitability increased by 80%.
Considering the production of 2.7 million sqm of thermal insulation panels forecasted for this year, Isopan Est produces about 18% of the total volume of panels made by Isopan group.
About half of the production of Isopan Est made in the first six months of the year was exported to markets in the region, in Moldova, Bulgaria, Serbia, Slovakia or Hungary, keeping a similar proportion to that of 2019.
More than 70% of the demand for thermal insulation panels, both for the domestic market, as well as for exports, it is for panels with above average quality, made of steel with a thickness of more than 0.5 mm.
At the same time, in the first six months of the year, Isopan Est registered a turnover of over 21 million euros and an 80% increase in profitability.