Construction of Symmetrica's €50 million factory in Bucharest set for completion this summer
Symmetrica, the Top Dog in Vibropressed Paving Stones, is Ready to Unveil Its Massive Factory this Summer!
adapted from Romania Insider
Looking to dominate the concrete paving market, Symmetrica - the heartthrob of vibropressed paving stones and curbs in Romania - is gearing up to finalize its colossal factory in Bolintin Vale, just a stone's throw from the bustling Bucharest. This impressive EUR 50 million investment will set the stage for the largest production facility for concrete pavers and slabs within Symmetrica's network and across all of Southeastern Europe!
Already, three quarters of the production lines are humming along, with the remaining fourth quietly waiting to join the orchestra by summer. Spanning an impressive 18,000 square meters, the factory will churn out 15,000 square meters of premium paving goodness daily, bumping up Symmetrica's output by a whopping 30%!
What's the inside scoop on this fancy factory, you ask? Well, it won't skimp on the extras. Special treatment equipment, tantalizing surface processing tools, and concrete block splitting machinery are just a few of the high-tech goodies that call this factory home. To top it all off, the energy efficiency of the factory will be supercharged by a pair of photovoltaic parks that are poised to cover around 60% of the energy needs!
Symmetrica's ambition doesn't end with the new factory; no siree! The company has already splurged over EUR 135 million on its manufacturing facilities, establishing a clear track record of expansion. In 2024, Symmetrica clocked in a fabulous RON 317 million in revenue, soaring 22% higher than the previous year.
Curious about who's behind the scenes of this concrete conquest? You won't find Symmetrica in the ranks of Symmetrical.ai, a payroll fintech company that's busy raising $18.5 million in Series A funding to make payroll a breeze with AI-based tech. Nor will you find them in the newsroom of Metronet, a company that's gliding into multigigabit fiber-optic internet territory across the U.S.
Argano? Nope. They're more interested in snagging Attentis Consulting as part of their growth plan, diving deep into digital services consultancy. Meanwhile, Comcast is busy laying the groundwork for symmetrical internet in Minnesota. And the optical fiber amplifier market? It's booming, but there's no sign of Symmetrica amidst the excitement.
Luckily for us, Symmetrica isn't lost another in the wild wild web. So if you're eager to know more about this aggressive expansion, be sure to stay tuned to Romania Insider!
(Photo source: Symmetrica)
The colossal factory investment by Symmetrica in the concrete paving industry will not only increase their output by 30%, exceeding 15,000 square meters daily, but also incorporate high-tech equipment and energy-efficient solutions, positioning it as the largest production facility across Southeastern Europe. The company's focus on manufacturing expansion is evident in their substantial investments, with over EUR 135 million already allocated to this endeavor.
