“We’ve seen 20% growth (in 2015 i.e.) compared with last year, which we want to preserve until the end of the year. Our revenue in Romania is about the same, but exports rose 32%,” says Stefan Cherciu, chairman and majority shareholder of Casa Noastra.
Whereas exports accounted for 67% of the revenue last year, in 2015, they should generate 74% of the business. QFort’s main markets are Italy, France and Austria, where Casa Noastra has distribution networks. Casa Noastra is second largest Romanian-held exporter in Dolj County after Cerealcom, according to ZF data.
QFort owns a plant in Pielesti, near Craiova, which started production in 2007 and took an about EUR25 million to EUR30 million investment, as the company has previously said.
(English version by Loredana Fratila-Cristescu)