With a profit of RON25.6 million, the company reported an average number of 271 employees in 2021, down 39 from the previous year, according to data available on the Finance Ministry website.

Fapaco is owned by Ionut Cosmin Fleancu (55%) and Paula Fleancu (45%), according to data on the financial analysis platform Confidas.ro. Ionut Cosmin Fleancu is also a shareholder in other companies, including Novum Business Invest and Novum Business Services. Through Novum, Fapaco’s owners have developed hotels and residential buildings.

(English version by Loredana Fratila-Cristescu)