The increase will come from higher business on the company’s traditional segment, transport, and from storage, logistics and deliveries. In addition, Dumagas is one of the local Ford plant’s main suppliers of components and products.
The company has also announced the completion of a 9 million lei (EUR1.9 million) capital hike.
Dumagas Transport, part of the Dumagas group, is owned by founders Mihai and Aurelia Dugăeșescu and private equity fund Bancroft, whose key investors include the European Bank for Reconstruction and Development and the International Finance Corporation. (EUR1=RON4.6186)