The company held by entrepreneur Adrian Garmacea will begin an about EUR10 million self-funded investment project in September.
“More than 600 employees make the Barrier windows (trim) in the plant in Bacau. Once the investment project completed, we expect the number of employees to double,” Adrian Garmacea, general manager of Electric Plus, said.
Electric Plus posted more than EUR23 million revenue last year, an increase of 36% on 2015. It expects growth of 35% in revenue to about EUR31 million in 2017, according to ZF’s calculations based on the information supplied by the company.
Adrian Garmacea established Bacau-based Electric Plus in 1995.
(English version by Loredana Fratila-Cristescu)