Over the past 13 years, Tecno Plast Cugir, Alba County, a company part of the Italian Tecno Plast group, has invested EUR38 million in its factory in Cugir.
Tecno Plast Cugir was established in 2012 and has been a member of the SIGIT Group since 2017, which is present in seven countries in Europe and Africa, with 11 factories and global revenue of EUR200 million.
“Over the past 13 years, we have made investments of EUR38 million, in both upgrading the leased space, 13,000 square meters, and getting technology for our factory, located on the industrial site of the Cugir Mechanical Plant,” Lorenzo Manoni, Tecno Plast Cugir’s manager and chief operating officer of Sigit Group, told ZF.
He also said that in 12 years, Tecno Plast Cugir has grown from a EUR2.7 million revenue to an estimated EUR29 million revenue in 2025. The company’s medium-term plan is to reach the EUR50 million threshold and open the factory to new production opportunities.
(English version by Loredana Fratila-Cristescu)