Puconci - Murexin, the Puconci manufacturer of specialist building materials and glues, previously known as Kema, posted a record-breaking profit of EUR 1.9 million on bumper sales last year. It will reinvest most of the profit.

Sales were up to EUR 19 million, an increase of EUR 1 million from 2020 and almost EUR 3 million from 2019.

Director Bojan Ošep says the company's capital adequacy is at 17% with EUR 11.5 million in capital and EUR 16 million in assets. This year the company paid out dividends for the first time since 2013.

Employing 91 people, the company has been part of the Austrian group Murexin since 2018. It sells 3,000 products under Murexin and Kema brands.

Even if the company is in good shape, it soon realised its production was rather outdated.

"This is why we're now amid the biggest investment drive. This year, expectedly in the summer, we will launch a new sand washing plant, and we are designing a new sand preparation plant, which we'll build unless raw materials become too expensive," says Ošep.

The company raised its prices twice last year, by 4% and 5%, but did not make profit out of it. "Since raw material prices have been rising drastically, we won't be able to keep the prices flat this year," said Ošep, adding that some price hikes were unreasonable.

The company also invests in energy and renewable sources. At its logistic centre it has put up a 300 kilowatt power plant, which makes them 25% self sufficient. They will soon also launch a 60 kW co-generation facility.