“Around two thirds of production are exported, mainly to France and Romania,” says Iulian Mangalagiu, who took over the position of chief operating officer of the local subsidiary of Modulo Decorative Solutions.
Headquartered in Turda, Cluj county, the company was in late 2022 bought by investment fund CEECAT Capital, part of ADM fund, and in 2021 posted RON59 million turnover, with 258 employees.
The new owner announced it wants to turn the company into a regional player.
(English version by Catalina Apostoiu)