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Reynaers Aluminum will invest 1.4 million euros in Romania in next five years

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Reynaers Aluminum Romania, part of the European aluminum solution group for constructions, announced on Thursday an investment plan of 1.4 million euros for the next 5 years for local expansion and development.

“The latest action is the relocation of the new  headquarters, which includes a 200 square meters showroom, which supposes a total budget of over 500,000 euro,”a company press release reads.

On a medium or long term, Reynaers Aluminum Romania intends to open a logistic center of 3,000 sq.m, representing a 900,000 euro investment.

At the same time the company intends to develop the local distribution channel by expanding the presence in portfolio areas – Cluj Napoca, Iasi and Timisoara.

The company has counted on this strategy since 2015, when Reynaers Aluminum laid the bases of the first logistic center in Romania, with a total investment of 1 million euros.

The new headquarters is in  an office building recently launched in the Capital.

Reynaers Aluminum, part of Reynaers group, is one of the European leaders specialised in developing durable aluminum solutions for doors, windows, walls, rolling systems, green houses. At global level, its products are sold in 70 countries. Set up in 1965, the group based in Duffel, Belgium, has over 2,200 employees in 40 world countries, and had a business figure of 537 million euro at the end of 2018.

Present in the local market since 2006, Reynaers Aluminum Romania has residential, commercial, office or industrial projects. Its works include Oregon Park, Brasov Business Park, Promenada Mall, Afi Business Park, Amber Gardens, One Charles de Gaulle, One Herastrau Plaza, Rachmaninoff Residence, Aviatiei Park, National Cathedral. 

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