“The short-term goal is to grow to 550 employees and we will do that with the current investment. Our medium-term goal is to grow to 750 employees.”
The company got a EUR2.5 million state aid to expand its production capacity in Medgidia, a project worth EUR5 million.
The company Suleyman Islambay and Haci Vural established in Medgidia in 2000 says it covers about 50% of the demand in Romania on its market segment and will focus on exports to Europe.
Sterk Plast is currently employing about 450 people and posted EUR27 million revenue in 2020.
(English version by Loredana Fratila-Cristescu)