Erema sees “sensational” sales of recycling system launched at K

Manufacturer of plastics recycling machinery, Erema, says it has increased its order intake by 30 percent over the last two quarters compared to the corresponding period of the previous year.

The company says the strong result is largely due to the “sensational” initial sales figures of ‘Intarema’, the new generation of systems it launched last year during K 2013.

Plant sales in the period accounted for a turnover of EUR 57 million, says the company, and with the order books “remaining full” for the coming months, expectations for the current quarter and thus the fiscal year as a whole are said to be high.

"The new Intarema system, featuring innovative counter current technology, has been exceptionally well received in the market,” commented Erema CEO, Manfred Hackl. “Based on the current order figures we expect a record turnover of around 28 million euros for the current, i.e. the first quarter of our 2014/15 fiscal year.”

Total sales for the 2014/15 fiscal year at Erema’s Ansfelden headquarters are expected to climb 10 percent to EUR 110 million, a result it expects to achieve solely with its core business of developing and building plastic recycling systems.