“We had a capacity of some 65,000 units per month in 2019, but this year we’ve seen an about 30% decline mainly due to the restrictions caused by the pandemic. The plant is in Chiajna and currently employing 150 people,” says Andreea Creanga, now a minority shareholder with 10% in this business, according to the confidas.ro platform, though last year she was the sole owner of the TV set maker.
Renaissance Public Service assembles TV sets under such brands as Schneider, NEI and JVC. Part of the production stays in Romania and part of it goes to Germany, France and Italy. The company was the 159th largest exporter in Romania last year.
Renaissance Public Service started as a home appliances repair business and then started assembling TVs.
“We got the opportunity of a partnership with manufacturers from the People’s Republic of China, which allowed us to diversify by assembling LCD TVs. We started assembling TVs for the Romanian market under the NEI brand in 2017.”
The company later expanded capacity, so it now has four assembly lines instead of one it started with.
(English version by Loredana Fratila-Cristescu)