“We are expanding the production capacity by 30% and we will be able to produce at a faster pace. Also, we’ve started readying the online store,” says Irina Mandoiu, CEO of Policolor-Orgachim.
Beside the EUR2 million the company will invest to expand the plant, another at least EUR5 million are earmarked for investments in state-of-the-art machinery at the Bucharest plant for the next two years.
“In overall turnover, Romania accounts for 40% in terms of sales. In the first 9 months of 2022, we saw turnover rise by 10% and we estimate the year ended with a result of over EUR86 million, a little below the budgeted level,” explains Irina Mandoiu.
(English version by Catalina Apostoiu)