Reynaers Aluminum Romania estimates a 10 percent growth in 2019 for the aluminum joinery market

Reynaers Aluminum Romania, part of the European leader in the aluminum sector for the construction sector, estimates a growth of the aluminum joinery market between 5 percent and 10 percent in 2019. At the same time, representatives of Reynaers Romania expect the same percentage growth for the company’s turnover this year, according to Business-Review.eu.

“Trends show that the market has matured, so both our industry and our business are evolving organically, as expected. The growth of the field we are seeing to is largely due to the results of an extensive market education process that has highlighted the long-term benefits of high-quality solutions,” said Daniel Popa, country manager of Reynaers Romania.

For 2018, Reynaers Romania’s representatives estimates a market value of around EUR 60 million.

Last year it was marked by an 18 percent increase in Reynaers Romania business compared to 2017, 8 percent over forecasts. Growth was mainly driven by the ascendant trend of the construction market, as well as the customer orientation towards premium solutions. For 2019, Reynaers estimates a 10 percent increase in turnover, driven by an investment plan to strengthen the company’s position on the local market.

More than 60 percent of local Reynaers Aluminum deliveries in 2018 were lockable carpentry and sliding door systems for residential projects.

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