“A major achievement for us was the opening of a new warehouse for finished goods in Dumbrava Rosie, Neamt. It is a modern warehouse that doubles our product storage capacity,” Koeber officials say. They did not reveal the value of the investment or the surface area of the warehouse.
Early this year, Koeber officials said they had a EUR5 million budget to upgrade one of the plants and open four new warehouses in 2019. Logistics space was also planned for other parts of the country besides Neamt, in Sibiu, Timis, Cluj and Mures counties.
Koeber posted 330 million lei (EUR70 million) revenue in 2018, an increase of 4% over 2017, according to the Finance Ministry data. Profit stood at RON19.2 million, down from the RON26 million of 2017, while the average number of employees was 834.(EUR1=RON4.7216)
(English version by Loredana Fratila-Cristescu)