EREMA is celebrating a record-breaking end of year result, after the Austrian plastics recycling giant reported a 21 per cent increase in turnover year-on-year for the 2014-15 business year.
Erema
The company - which is based in Ansfelden to the south of Linz - achieved a turnover figure of €115 million (£83 million) for the 12-month period which is a jump of €20 million on 2013-14 takings.
EREMA Group's turnover as a whole rose to €130 million, indicating the plastics processing giant is on a positive growth trajectory. Indeed, at its Ansfelden facility alone, the operations at EREMA's headquarters succeeded in generating €115 million between April 2014 and March 2015.
EREMA CEO Manfred Hackl stated: "This growth is due primarily to the new INTAREMA plant generation and confirms that this innovation represents an attractive technology for customers."
Together with 3S GesmbH in Roitham near Gmunden and the subsidiary EREMA North America Inc. in Ipswich, MA, EREMA has been pursuing a consistent and sustainable growth strategy for a number of years. This also has an impact on group turnover, with consolidated sales at around €130 million in the last financial year.
INTAREMA innovation
This success is supported above all by the new INTAREMA plant generation with 245 recycling systems sold already at the location in Ansfelden since the system was launched 18 months ago. Thanks to Counter Current technology, INTAREMA is exceptionally flexible and productive," explained Hackl.
"The system adapts in an optimum way to the broad spectrum of recycling applications which means that demand is constantly high.
Room for growth
EREMA announced its continuing expansion at the beginning of the year with the foundation of the new sister company PURE LOOP GesmbH. In terms of strategy, PURE LOOP as the sister company of EREMA pursues the clear positioning in the market and further development of the shredder-extruder technology while EREMA as a group intensifies its range of services in the field of in-house recycling.
The next expansion is now following: EREMA North America, Inc., a subsidiary of EREMA GesmbH, is more than doubling the size of its trial centre due to high demand – especially in the post consumer recycling sector. The trial centre at the company's head office in Ipswich, Massachusetts, will be extended to 2,400 m sq in total featuring four recycling systems for test runs. The expansion is scheduled for completion in late summer 2015.
Sister company 3S has also expanded in the 2014/15 financial year. The new premises in Wartberg im Mürztal in Styria have been extended by 4,000 m sq to a total of 7,000 m sq production space, while 3S has ramped up its recruitment, employing 68 people between 2014 and 2015 - which is up from 60 staff the previous year.
