“For this year, we target 10% growth, but the start of the year was not as we expected, January and February were weaker than the year-earlier period, the fallout of war, inflation is being felt, consumption is declining,” Florin Adrian Dimofte, strategy and development manager at Barleta, told ZF.
The company completed the EUR5 million investment meant to boost production and warehouse capacity.
The Bacau-based company ended 2021 with turnover of RON100 million (EUR20.6 million), from RON89.8 million (EUR18 million) in 2021. Half of production is sold locally and half abroad. The plant, which has over 200 employees, has clients in Germany, France, Israel or England.
Barleta also saw its net profit rise to RON13.4 million last year, from RON6.4 million.
In the past ten years, shareholders have invested several million euros to develop the plant, with part of the money coming from banking loans from Raiffeisen and BCR.
(English version by Catalina Apostoiu)