Schweighofer owns four plants in Sebes, Radauti, Siret and Comanesti (central, north-eastern and eastern Romania) via the Holzindustrie group and plans to hire another 100 people by yearend.

The company is hiring because of rising demand for its products on the Asian market and especially Japan, where it exports a significant part of its production. Under the circumstances, turnover expectations are optimistic.

“We expect this year’s turnover to be higher than last year’s,” said Emil Pop, chief executive of Holzindustrie Schweighofer.

The largest company of the group, Holzindustrie Schweighofer, posted EUR375 million revenue and EUR74 million net profit last year, while the revenue of the Siret and Comanesti plants, registered to other companies, stood at some EUR40 million.

(English version by Loredana Fratila-Cristescu)