IPEC in 2020 generated turnover worth around RON122.5 million (EUR25.4 million) and net profit of RON2.5 million (EUR520,000) and had an average number of 695 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)