“Development plans strictly refer to boosting internal efficiency. The current economic situation and the one close to Romanian borders make us rather downbeat about stability and predictability in 2022,” said Artprint representatives.

The company, owned by Rasuceanu family, with Cezar Alexandru Rasuceanu as main stakeholder, ended 2021 with RON39 million turnover, up 16% on the year.

The printing house switched to losses, though, at RON760,000. The average number of employees reached 139, slightly down from 2020.

Artprint in 2020 listed bonds on the Bucharest Stock Exchange, being admitted for trading on the exchange’s multilateral trading system.

(English version by Catalina Apostoiu)