“Last year we finished in the black as we had set out to, a 1-2% margin as it is in our industry. Revenue increased to EUR37 million also on the back of rising prices and for this year we estimate that we will reach EUR40 million,” Mircea Vlah, general manager of Dumagas Bucharest, told ZF.
Currently, almost 50-60% of business comes from the automotive sector. UK and Germany are among the most important markets, the company has contracts with car manufacturers Jaguar, Land Rover, Mercedes and Ford. Dumagas makes shipments from four bases, Romania, Hungary, Bulgaria and Slovakia to these countries, according to the latest data.
(English version by Loredana Fratila-Cristescu)