“2020 was atypical and small and medium sized companies in particular showed agility and resilience. The pandemic brought considerable changes in consumer behaviors and some sectors registered unexpected growth, including that of constructions and home design as people spent more time at home. We are happy to support Damila’s further development,” said Luana Sorescu, Head of Clients, Business Banking division, ING Bank Romania.
Damila has a metallic tile factory in Valcea county and several production lines, including one in Bucharest. The company also has a chain of stores with six units in Valcea county, one in Craiova, plus a warehouse in Bucharest.
The company was founded in 1992 and had a turnover of EUR62 million in 2020. It targets 30% growth this year through an extended product range and enhanced production and wholesale capabilities.