Donalam Calarasi, Romania-based subsidiary of Italian merchant bar producer AFV Beltrame Group, has completed a €4 million investment in special steel bar treatment equipment. This will allow the company to offer steel bar products with increased added-value and focus on customized orders. The new equipment was financed through the company's cash flow.
"We have also planned other ambitious investments for the coming years, which will contribute to our further development and market share," said Carlo Beltrame, CEO of Donalam Calarasi.
Donalam Calarasi produces hot rolled steel in round profiles, in 80-320 mm diameters, being the only steel mill in Romania specialized in this type of product. The company recorded a turnover of €78 million and a sales volume of 106,000 mt in 2019. Given the volatility of the international metallurgical market, the company's target for 2020 is to maintain its market share in Europe by identifying new business niches. The company has approximately 270 employees.