ROCA Industry, the Romanian industrial holding specialized in the production of construction materials, reports for the first six months of 2025 a consolidated turnover of 309 million RON, similar to the level achieved in H1 2024.
The consolidated EBITDA amounted to 23.3 million RON, with an operational margin of 7.5%, achieved in a challenging economic climate. The unstable economic environment, marked by rising raw material and energy costs, currency volatility, and the application of anti-dumping taxes on certain imported products, directly impacted financial results for H1 2025, leading to a net loss of 10.2 million RON.
“In the first half of 2025, our performance aligned with market realities. The results represent an adjustment phase, but our medium-term growth strategy is well defined, and the fundamentals of our business model remain solid. We have launched a clear operational optimization program through logistics chain streamlining, accelerated investments in technology, and reducing indirect costs. At the same time, we are carefully analyzing opportunities and adapting our development plans to target segments that generate value and offer solid growth perspectives, such as infrastructure projects. Furthermore, H2 2025 estimates have been revised according to the new market conditions but remain focused on reaching the budgeted targets, confirming the continuity of our strategic direction and financial discipline. This performance reflects the resilience of our business model and our ability to adapt to a complex macroeconomic environment,” stated Camelia Ene, CEO of ROCA Industry.
The Romanian construction market continues to face significant challenges in 2025, marked by a decline in demand for new residential projects, delays in major public infrastructure works, and increased financing costs. Meanwhile, insolvencies in the sector rose by over 70% YoY, impacting supply chains and contract predictability.
In this context, the companies in ROCA Industry’s portfolio continued to implement proactive measures to protect margins, optimize costs, and diversify revenue sources, focusing on consolidating their position in domestic and international markets, adapting product portfolios, and enhancing operational efficiency.
ELECTROPLAST, a leader in the railway cable segment, benefited from EU-funded infrastructure projects. However, margins were affected by extended payment terms and cost pressures. The company recorded the best performance in the portfolio, with a turnover increase of 21.0%, reaching 96.3 million RON, and an EBITDA of 7.0 million RON (+38.5% vs. H1 2024). Net profit stood at 0.9 million RON, supported by an improved product mix and technology investments.
BICO Group, one of Europe’s leading producers of mesh and technical fabrics, continued adapting to European legislative changes and competitive pressures, implementing a partial relocation project in the Republic of Moldova and diversifying sales channels. As a result, the company recorded a turnover of 77.9 million RON and an EBITDA of 1.6 million RON.
EVOLOR, one of the largest paint and coatings manufacturers in Romania, improved its EBITDA by 12.9% YoY, despite a decline in the paints and coatings market, by launching high-margin products and maintaining strict financial discipline. In a contracting market, turnover reached 49.8 million RON (-7.1% vs. H1 2024). At the end of H1 2025, the company posted a net profit of 1.3 million RON, slightly below the prior year.
DIAL, one of Romania’s leading manufacturers of panels and wire fencing mesh, implemented internal optimization measures and diversified sales channels to offset the decline in retail demand. The company reported revenues of 39.5 million RON, maintaining sales volumes but shifting towards lower-margin products to address consumer demand.
VELTA DOORS, Romania’s national leader in residential door manufacturing, resulting from the merger between ECO EURO DOORS and WORKSHOP DOORS, completed post-merger integration and focused on digitalization and efficiency amid a stagnant new residential market. Revenues declined to 45.5 million RON (-13.8% vs. H1 2024), while the EBITDA margin stood at 17.7% (8.0 million RON), compared to 24.9% in H1 2024.
ROCA Industry directly owns a portfolio of five significant players in the construction sector: BICO Industries (the largest Romanian producer of fiberglass mesh and the only local manufacturer of fiberglass reinforcements), EVOLOR (one of the largest paint and coatings manufacturers in Romania), DIAL (manufacturer of metal wire products), ELECTROPLAST (one of the most important electrical cable producers), VELTA DOORS (Romania’s largest residential door manufacturer, the result of the merger between ECO EURO DOORS and WORKSHOP DOORS).