ROCA Industry reports revenues of 133.8 million lei, down by 4.4 percent in Q1

ROCA Industry, the industrial holding specialized in building materials, reports a consolidated turnover of 133.8 million lei for the first quarter of 2025. The holding’s productive companies consolidated EBITDA reaches RON 9.4 million, with a 7 percent margin, in line with the budget.

Compared to Q1 2024, consolidated revenues at the holding company level declined slightly by 4.4 percent in Q1 2025. This decrease had been anticipated since the beginning of the year and was in line with the forecasted budget and the evolution of industrial production. In addition, spending was boosted significantly by the removal of tax facilities for construction employees. In addition, final consumers significantly reduced their construction projects.

“We anticipated the challenges brought by the first quarter of 2025 for the building materials industry and, despite the difficult economic backdrop, we have maintained operational discipline and continued strategic investments as per our committed plans. Compared to Q1 2024, we are experiencing a decrease, directly influenced by the contraction in market demand. It is a clear signal that we need to remain vigilant, calibrate our resources smartly and focus on what we can control: efficiency, adaptability and operational innovation. We will modernize industrial capabilities at BICO and ELECTROPLAST and streamline internal processes and commercial expansion for all our holding companies,” says Camelia Ene, CEO ROCA Industry.

Exports accounted for almost 20 percent of ROCA Industry’s consolidated turnover in the first quarter, with the companies’ sales on the markets of Italy, Germany, Hungary, Greece, Bulgaria, France, Portugal, Poland and Croatia. Holding-wide, negotiations are ongoing, in order to expand sales into the Hungarian and Bulgarian markets. 

BICO Group, a leading producer of technical mesh and fabrics in Europe, recorded revenues of 34.1 million RON and has embarked on a wide-ranging operational transformation process that includes strategic reorganization projects. At the same time, BICO Industries signed a financing contract with the Environmental Funds Administration for the construction of a fiberglass waste recycling plant, worth RON 37.8 million. 

EVOLOR, one of the largest players in the Romanian paints and varnishes manufacturing industry, reported 16.5 million RON in revenues, in a contracting market. In March, the company launched the new licensed Coral Barbie and Coral Hot Wheels licensed range for children’s rooms, with the Coral Effeto line (premium finishes) continuing to generate considerable volumes. 

VELTADOORS, the national leader in the production of residential doors, resulting from the merger between ECO EURO DOORS and WORKSHOP DOORS, reports 19.9 million RON revenues in Q1 2025. The merger completed in December 2024 started to generate synergies through process optimization and portfolio expansion. 

DIAL, one of Romania’s largest producers of panels and fence mesh, recorded 17.8 million RON revenues in Q1 2025. The company made technical optimizations that increased production capacity by over 15 percent, and the new product Farmer Welded Mesh for fencing pastures and forests won important infrastructure projects.

ELECTROPLAST, railway cables leader, stood out with revenues of 45.6 million RON in the first quarter of the year, benefiting from rail and road infrastructure projects financed by the PNRR.

ROCA Industry directly owns a portfolio of 5 significant construction players: BICO Industries (the first and largest national producer of fiberglass mesh and the only domestic producer of fiberglass reinforcements), EVOLOR (one of the largest players in the paint and varnish manufacturing industry), DIAL (producer of metal wire products), ELECTROPLAST (one of the leading producers of electrical cables), VELTADOORS (the largest Romanian producer of doors for residential construction, the result of the merger of ECO EURO DOORS with WORKSHOP DOORS).