Investments in Moldova will expand exports
Romanian industrial holding ROCA Industry is expanding its presence in the Eastern European region. The building materials producer is increasing its investments in Moldova. It has earmarked €6.5 million for the implementation of new industrial capacities.
The Terra Impex plant is located in Vulcanesti, a free economic zone in Moldova. The plant is part of the ROCA structure and is managed by its subsidiary BICO Industries. It is the official representative of the Romanian holding company in Moldova. BICO first entered the Moldovan market in 2002. At that time, the company acquired two representatives of the fibreglass industry – Europlas and Terra. As a result of the merger, these companies began operating under the familiar Terra brand. Thanks to this deal, ROCA became the owner of a large manufacturer with a strong position in the country. It also gave the holding company access to a new market and the opportunity to strengthen its presence in the region.
Development plans
Following the announcement of the investment in Terra Impex, Prime Minister Dorin Recean visited the company. He emphasised the importance of partnership with Romanian businesses for the country’s development. The Moldovan authorities support investment in industry as it contributes to the creation of new jobs. For its part, the government supports the development of Terra companies.
ROCA plans to develop its business in Moldova. As part of its strategic plan, the company has the following key objectives:
– increasing production capacity over the next three years;
– expanding its workforce, taking into account the current 190 jobs;
– optimising production operations to increase output;
– modernising the plant in Vulcanesti to increase profits;
– implementing digital solutions to strengthen the company’s leadership position in the sector.
Terra Impex project
Over the past few years, Terra has significantly enlarged its scale. Its production capacity has reached 37 million square metres. In 2025, the company plans to continue its expansion process. The company also wants to strengthen its regional position and increase supplies to neighbouring countries.
As for the Vulcanesti plant, it has received new equipment for knitwear production in recent years. This has made it possible to significantly broaden the geographical scope of supply.
The holding’s efforts contribute to the transformation and improvement of the business environment in Moldova. The company’s investments support the development of the local economy and raise the country’s attractiveness for foreign investors.
ROCA’s goal is to create regional leaders who can operate successfully in international markets. Through its subsidiary BICO, the holding company will continue to invest in promising Moldovan companies. In addition, the company is considering the entry into the local market of other companies that are part of the business structure.
For its part, the Moldovan government is creating favourable conditions for attracting strategic investments. The authorities are interested in long-term partnerships with large companies in the region.