IPEC in 2023 generated net profit of almost RON4 million (EUR892,000), 2.4 times higher than in the previous year, in line with ZF calculations based on Finance Ministry data. It reached an average number of 518 employees.
„(…) In 2024 we’ve hired 80 people and for 2025 we expect to hire another 50. We also plan to instal another 50 industrial robots,” Cristian Covaciu, IPEC co-founder and shareholder, 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)