Techtex grew during the pandemic, with Filip company investing around EUR20 million in the development of a medical textile plant, as per data from 2020. However, after three years of growth, Techtex in 2023 saw its turnover drop. Thus, the company reported 33% lower turnover of RON87 million in 2023 compared to 2022, in line with finance ministry data. Net profit edged up, though, to RON3.7 million. Techtex had an average number of 169 employees in 2023, compared to 283 in 2022 and 316 in 2021.
Techtex is 82%-owned by Mihai Filip, 14% by Mircea Bogdan Man and 2.9% by Dan Pascariu, in line with data on www.termene.ro, one of the leading providers of legal and financial data about Romanian companies.