“We are developing an EU fund-based project we signed in November. We are building a larger plant, with a double production capacity. We’re keeping the current plant as well, but we are also developing a new one, a EUR1.6 million project, of which 75% are European funds, from the Just Transition scheme”.
Sock Laboratory International SRL, which operates the business, in 2023 reported turnover worth RON5.4 million (EUR1.1 million), up 44%.
Between 2020 and 2023, turnover tripled.
(English version by Catalina Apostoiu)