The Economy Ministry fully owns Sanevit Arad after it bought the factory back in 2012 to avoid its bankruptcy.
The company no longer produces syringes or needles for a few years and only has several employees left in charge with equipment maintenance.
Sanevit was established in 1995 and was the first syringe producer in Romania. It has an annual production capacity of 200 million syringes and over 500 million medical needles.