“Fermador associates have not sold the company or sealed an agreement to promise a future sale,” responded Anda Mihalache, Fermador manager, to ZF enquiry about the existence of a sale interest.
By turnover, Fermador is a major player in its industry.
Besides the production activities, the Iasi-based group also has an own retail network of 17 stores in ten cities.
(English version by Catalina Apostoiu)