“We estimate an about 5% increase of our revenue on last year. We did not start any investment projects this year and focused on streamlining production and the other departments of our company,” Ioan Tecar, owner of MG-Tec group that includes paper producer Pehart Tec, told ZF Transilvania.

Pehart Tec’s products (paper towels, toilet paper, tissues and napkins) go to the major retail chains on the local market (Lidl, Auchan, Profi, Metro, Cora) or are sold via distributors. Exports go to Greece, Hungary, Bulgaria, Germany and Serbia.

Pehart Tec is currently employing about 300 people. Its owners are Ioan Tecar (71.25%), the European Bank for Reconstruction and Development (25%) and Metalicplas Impex, another company of the MG-Tec group (3.75%).

(English version by Loredana Fratila-Cristescu)