The drug plant is the first such large investment (worth over EUR50 million) carried out from scratch in Romania since the Revolution. Almost half of the sum, namely EUR21 million, comes as state aid.
Stada is a major player on Germany’s pharma market and entered Romania in 1992 via a subsidiary.
The plant of Turda has the highest automation level, but nevertheless the number of employees is quite high, over 300, according to Fugarevici.
Moreover, 20% of its production will stay in Romania and 80% will be exported on international markets.
(English version by Catalina Apostoiu)