“The investment plan for 2011, worth over EUR1 million, includes relocation and upgrades of the household cleaning products line, the acquisition of new lines and new cars. In addition, we are planning the thermal rehabilitation of all existing areas, as well as new IT equipment and office space modernization,” Turdean said.
The company has a portfolio of more than 400 products, exporting to over 30 countries in Europe, Asia and North America.
Last year, Farmec posted sales of some 96 million lei (EUR22.6 million) and for this year it expects a 7% growth.
Farmec Cluj-Napoca was privatized in 1995 and it is entirely owned by the employees’ association. (EUR1=RON4.2445)