Finnish rubber specialist adding new injection moulding machine to support moulded products’ growth
Aura, Finland – Reka Industrial Group, which currently only consists of Reka Rubber Ltd, has reported higher year-on-year earnings (EBITDA), helped largely by higher volumes.
For the six months to end of June, the rubber segment increased earnings four-fold to €2 million, as sales grew nearly 11% to €16.3 million, Reka reported 7 Aug.
Commenting on the results, president and CEO Sari Tulander said Reka saw a surge in volumes from customers at the beginning of the year.
However, she added, the US announcement of tariffs “has slightly changed the customers' needs.”
“So far, the changes have only affected some individual products. For some customers, volumes are still at the same level as last year or lower than last year,” Tulander explained.
According to the group CEO, overall, volumes are expected to be higher than last year also in the second half of the year.
On the other hand, she noted that the tariffs and their impact on our customers remain unclear.
Regarding investments, Reka said it has decided to order a new “medium-sized” injection moulding machine to support the growth of moulded products.
Without giving further details, Reka said the machine is similar to an injection moulding machine ordered earlier this year and is set to be delivered in early 2026.
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