The revenue of the company reached 180 million lei (EUR39 million) last year, 12% higher than in 2017.
“We will invest about EUR800,000 in optimizing IT solutions this year and we want to continue expanding and upgrading the logistics center in Cluj. Moreover, we want to develop the paint division, in partnership with paint manufacturer Vitex Greece. We want to boost presence on the paint market,” Florin Madar says.
Temad took over distribution of Vitex paints from the local subsidiary of the Greek manufacturer in 2018 and is now the sole distributor thereof.
Temad distributes waterproofing, wall painting materials, power tools, paints, coatings and primers.
(English version by Loredana Fratila-Cristescu)