Romania generates 90% of the total production of the Italian group, which then goes to almost 40 countries throughout the world.
“We came to Romania about a decade ago when we relocated our production in Italy. We have invested about EUR4 million in the last three years alone and will continue with a similar investment pace,” says Domenico Paolo Zaccone, chairman and chief executive officer of Gold Plast group.
The group has long-term plans for Romania, which means five to ten years from now, he added.
Gold Plast has invested EUR30 million since its arrival in Romania ten years ago. The group aims to double revenue from EUR32 million last year by 2020, which will entail significant investments in manufacturing in this country.
Gold Plast also has a small factory in Italy besides the Romanian facility and resorts to outsourcing from time to time. The Topoloveni plant generated about EUR23 million revenue last year. It employs 600 people, up from 525 at the end of last year and 35 at the beginning.
(English version by Loredana Fratila-Cristescu)