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2005-09-23

Demand for Erema plastics recycling technology greater than ever

The Erema (Engineering Recycling Maschinen und Anlagen Ges.m.b.H., www.erema.at) group of businesses achieved the best result in the history of the company in the last financial year (balance sheet date 31/3/05), continuing in the same vein as in the previous year. The consolidated turnover of the group increased by around 15% to top 70 million euro for the first time. The consolidated result (before outgoings) of the group was able to grow roughly in proportion to turnover, despite the considerable price pressure onthe world market.

All subsidiaries in the group also reported a positive balance. The relatively sound world economy last year and the extremely service-friendly, attractive new design of machines in the Erema product range featuring improved "value inside" in the form of greatly increased performance data as well as higher raw materials costs (especially oil) caused record global demand for the innovative products from this
Austrian group of companies.

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Erema did not just maintain their position as worldwide market leader in the field of machines for plastics recycling – they have expanded it. According to data released by the directors, production capacity is scheduled to increase this financial year and next. Investments will be made in the headquarters in Ansfelden/Austria as well as in their subsidiary 3 S in Roitham near Gmunden/Austria.

The company is currently in the process of acquiring the necessary plot of land in Ansfelden.

Erema - Engineering Recycling Maschinen und Anlagen Ges.m.b.H., Ansfelden/Österreich

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