BICO Industries

Established in 2006, BICO Industries has solidified its position as a key Romanian manufacturer of technical textiles, specializing in fiberglass mesh and reinforcements. The company was founded in Piatra Neamț by Mihai Bîrliba, who maintained a leadership role and a minority stake even after significant investment from external partners.

BICO's business model is centered on the production and sale of construction materials that enhance the structural integrity and energy efficiency of buildings. The company's primary products include fiberglass mesh (BICOmesh) for reinforcing external thermal insulation composite systems (ETICS), fiberglass scrim (BICOscrim) for industrial applications, laminated reinforcements (BICOtwin), and PVC or aluminum profiles with integrated mesh (BICOprofiles). These products are crucial for the construction and renovation sectors, serving a broad client base that ranges from local builders to international industrial goods producers. Revenue is generated through direct sales of its product portfolio under brands like BICO and Hitrom.

The company's history is marked by strategic expansion and investment. In 2009, BICO repurposed the former HITROM factory in Vaslui, establishing a major production center with a capacity of over 40 million square meters per year. A second production center was opened in Piatra Neamț in 2019 to produce fiberglass scrim and reinforcements. A significant milestone occurred in August 2020, when Romanian investment platform ROCA Investments, part of Impetum Group, acquired a 30% stake, which it increased to a majority 60% holding in November 2021. This partnership fueled further growth, including multiple acquisitions: the Terra Impex Group in the Republic of Moldova in 2022, and Lithuanian company Iranga Technologijos in 2023, expanding BICO's production capacity and market reach into Northern Europe. As of 2023, BICO Industries, including its subsidiaries, employs over 450 people across five production centers and has a total production capacity of 120 million square meters per year.

Looking forward, BICO is focused on sustainability and innovation. The company has secured financing for a new EUR 7.6 million factory, slated for completion by mid-2026, which will produce non-woven fiberglass by recycling waste from its own operations and the broader market. This initiative aims to reduce waste management costs and open new markets by converting production waste into insulation materials for related industries.

Keywords: fiberglass mesh, technical textiles, construction materials, ETICS reinforcement, building insulation, Romanian manufacturer, industrial reinforcements, fiberglass scrim, Mihai Bîrliba, ROCA Industry, Terra Impex, Iranga Technologijos, Piatra Neamț, Vaslui, construction solutions, building efficiency, sustainable construction, recycled fiberglass, composite materials, structural reinforcement