“2016 was a difficult year in several respects,” Ralph Polko, company manager told ZF.
Last year came with a significant increase in the price of softwood lumber, the Brexit and minimum wage raise, which were but some of the things the company had to deal with. The Brexit makes it less appealing for British customers to buy from Romania because of the pound/euro rate, Polko added.
Quadra Invest was established in 2000 and is equally held by Dutch entrepreneurs Baakman Johannes Jozefus Maria, Huijink Gijsbertus Adrianus Johannes and Polko Ralph, according to publicly available information.
Wood product manufacturing is a 5.8 billion lei (EUR1.28 billion) industry with about 3,000 companies in 2015, according to Finance Ministry website. (EUR1=RON4.5115)
(English version by Loredana Fratila-Cristescu)