Erema closes financial year with 21% increase in sales

Austria-based recycling machinery maker Erema says it has achieved a record turnover figure of EUR115 million for the 2014/15 fiscal year. This corresponds to a 21% and EUR20 million plus in turnover compared to the previous year. The turnover of the group as a whole with 480 employees in total (Erema GesmbH, Pure Loop GesmbH and 3S GesmbH) rose to EUR130 million.

This result shows that the Austrian manufacturer of recycling systems is continuing the positive course of previous years. Erema says it was able to generate a turnover of EUR115 million at its location in Ansfelden alone from April 2014 to March 2015. "This growth is due primarily to the new Intarema plant generation and confirms that this innovation represents an attractive technology for customers," explains CEO Manfred Hackl.

Together with 3S GesmbH in Roitham near Gmunden and the North American subsidiary in Ipswich, MA, Erema has been pursuing a sustainable growth strategy for a number of years. This success, it says, 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 the Counter Current technology, Intarema is flexible and productive," explains Hackl, "the system adapts in an optimum way to the broad spectrum of recycling applications which means that demand is constantly high.

In line with its continuing expansion, it introduced a new sister company Pure Loop, early this year, in further development of the shredder-extruder technology. Other expansions include North American subsidiary 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 sq m 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 to a total of 7,000 sq m production space and the number of employees has risen from 60 to 68 compared to the previous financial year.

(PRA)

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