The company’s net profit fell almost three times in 2023, to nearly RON50 million.
Nevertheless, the number of employees increased to on average 800 people.
The company produces chrome plated steel bars and tubes in Targoviste and its products are exported to more than 50 countries in Europe, South America and North America, as per the latest data.
Samy Numan previously said the annual production capacity nears 60,000 tons and over 90% of turnover comes from export activities, with nearly 70% of the production going to Europe and the remainder to North America and South America.
In 2023, Samy Numan, CEO and founder of Nimet, announced an investment of EUR20 million in a new plant in Targoviste, which is meant to boost capabilities and add more complex, niche products to the company’s portfolio. Nimet has carried out investments of over EUR25 million over the last three years alone.