The Erema Group closed the 2017/18 fiscal year at the end of March with double-digit growth of over 10 per cent. The companies integrated in the Group have once again achieved a new turnover record with consolidated sales reaching 155 million euros for the first time.
“The past financial year made one thing clear to us as the Group: with our quality-oriented recycling solutions, we are exactly in tune with the times. The end of China as an international customer for post-consumer plastic waste, the strategy for plastics presented by the EU Commission and initiatives such as the Ellen MacArthur Foundation are just some examples of the current period of strong change for the plastics industry. One of the reactions – among others – to this is the increasing willingness of raw material manufacturers, international producers and recyclers to invest in modern and quality-oriented extrusion technology, says Manfred Hackl, Erema Group CEO. This development is reflected in the sales figures of the entire Group.
The plastics recycling machine manufacturer Erema Engineering Recycling Maschinen und Anlagen Ges.m.b.H increased its turnover by around 18 per cent compared to the previous fiscal year, generating sales of 144 million euros. According to Manfred Hackl the positive development is thanks to an increase in sales in all three recycling markets – Post-consumer, Inhouse & Industrial and Bottle Recycling – throughout the world.