The investment project aims to double the company’s turnover in Romania in the coming years.
According to Uwe-Jens Karl, general manager of Fuchs Condimente Romania, this is Fuchs Group’s largest ongoing foreign investment to expand its production facility in Curtea de Arges. He added that the investment emphasizes Romania’s growing attractivity for foreign investors and Fuchs’ firm commitment for a long-term presence in Romania.
The company reported a turnover of RON180 million for 2023, up 28% on the year, and profit of RON15.4 million, up 98% on the year, as per data provided by Fuchs.
The investment in the production unit in Curtea de Arges was covered from own funds and entailed expanding the logistics and production center which almost doubled its capacity to 21,338 square meters from 11,084 sqm. The new production hall has state-of-the-art equipment, including a new spice mixing facility. The investment also enables the company to expand its portfolio of products.
Fuchs has 353 employees in Romania and more than 3,500 globally.
Fuchs Condimente Romania has been present on the local market since 2001 and its portfolio includes the following brands: Fuchs, Cosmin, Alex, Mirodenia, V6BBQ, Bio Wagner and Ubena. In 2015, Fuchs acquired the spice division of Alex&Comp.
Fuchs Group was established as a family business by Dieter Fuchs, in 1952, in the town of Diessen (Germany). The Group operates in ten countries across four continents.