The company in 2024 generated turnover worth RON135.7 million (EUR27.3 million), net profit of almost RON3.1 million (EUR623,000), with an average number of 521 employees.
“The market posted a 20-30% decline in 2025. 2026 brought a 79% antidumping tax for China products, which somewhat offsets the up to 446% subsidies. We expect it to limit the fallout of world wars,” Cristian Covaciu, IPEC co-founder and shareholders, told ZF Transilvania.
IPEC Alba Iulia was established in 1990, by entrepreneur Cristian Covaciu who comes from a family who has worked in the field of ceramic for several decades.
(English version by Catalina Apostoiu)