Industrias Romi (ROMI3) Stock Overview

Romi S.A. manufactures and sells machine tools, plastic processing machines, and casting and machined parts in Brazil, Europe, Latin America, North America, and Asia. It operates through Romi Machines, Burkhardt+Weber Machines, and Castings for Industrial Applications segments. The company provides machine tools, such as machining and turning centers, vertical turning centers, CNC and vertical CNC lathes, CNC borings, engine lathes, and heavy and extra-heavy-duty CNC lathes; plastic processing machines comprise plastic injection and blowing molding machines; and casting and machined parts. It also offers general capital goods, machine tools, machines for plastics, industrial equipment and accessories, tools, parts, and pieces; and systems analysis and the elaboration of programs for data processing when linked to the production, commercialization, and use of machine tools and machines for plastics; and raw and machined castings. In addition, the company engages in the export and import activities; holds interest in other companies; and manages third party assets. Further, it provides presales and aftersales engineering services, technical assistance, and spare parts; and machinery for specialized applications; engages in the real estate activities, including purchases and sales, and lease of owned properties, exploration of real estate rights, intermediation of real estate businesses, and provisions of guarantees; and grants lines of credit for financing of machines. Its products and services are used by various industries, such as automotive, wind energy, capital and consumer goods, packaging, tooling, agricultural machinery, hydraulic equipment, sanitation, and others. The company was formerly known as Indústrias Romi S.A. Romi S.A. was founded in 1930 and is headquartered in Santa Bárbara d'Oeste, Brazil.