Through an EU-funded project, the company has raised 40% of the sum, namely RON615,000.

Simpa posted turnover worth almost RON95 million in 2020, down 3% year-on-year, and RON6.3 million net profit. It has over 320 employees.

Alexandru Agarbicean says he is carrying out a separate project involving the construction of an apartment building with a shopping center on the ground floor.

The company sells its products in over 20 stores of Sibiu and the neighboring area. “We are not considering entering new markets or exporting. We have a new client in the area”, mentioned Alexandru Agarbicean.

(English version by Catalina Apostoiu)