“We now have warehouses in two places, with warehousing capacity standing at 35,000 pallets. We want to expand this capacity, so we are planning an investment set to most likely unfold next year, for another warehousing space of around 20,000 pallets. We put the investment at around EUR7 million,” said Iulia Sbiera, CFO at Pehart Grup.
In Romania, Pehart Tec has two plants, in Sebes, Alba county, and Dej, Cluj county, where it produces tissue paper. The company has around 600 employees and can produce up to 100,000 tons of paper.
In 2021, the company invested over EUR10 million locally, not only in production, but also in a new warehousing hall it built in Petresti, Alba county, and another one it bought in Dej, Cluj county.
“We are planning to further diversify our portfolio, to invest in both production lines and warehousing capacities”.
The company reported turnover of RON545.7 million (EUR113.2 million) for 2020, up 1.4% year-on-year, in line with ZF calculations based on public data. Pehart Tec Grup last year reached an average number of 532 employees, 20 more than in 2019.
Its profit reached RON9.3 million (EUR16.5 million), triple the 2019 figure.
(English version by Catalina Apostoiu)