Net profit revolved around RON1.6 million (EUR341.000), down 19.3% from 2021. The company reached an average number of 525 employees.
IPEC, a company set up by the Covaciu family twenty-two years ago in Alba Iulia, a city with a long tradition of ceramic manufacturing in Romania, has become one of the leading local suppliers of Swedish furniture retailer IKEA.
(English version by Catalina Apostoiu)