In 2022, the porcelain plate producer was seriously hurt by the soaring price increases.
Cristian Covaciu, IPEC co-founder and shareholder, has not made a decision yet about relocation, but expects manufacturers’ situation to worsen with the gas market liberalization of 2025.
The company has a new investment planned in a porcelain cup plant, worth EUR10 million, but it has put it on hold because of the uncertainty.
(English version by Catalina Apostoiu)