“This is the first investment of such scale, of above EUR50 million, made from scratch in Romania since the Revolution. Next year, in May, the plant will be completed. We expect to produce the first drug box in 3Q or 4Q next year,” said Mihai Fugarevici, general manager of Stada Romania.
Stada group entered Romania in 1992 via a subsidiary.
“At this moment, we have 9 production lines and we manufacture over 130 million units per annum, the equivalent of 3-4 housing blocks made up of medicine boxes. The fully functional plant will have 500 employees.
Stada group ended 2022 with RON247 million, up 37% on the year.
(English version by Catalina Apostoiu)