“Exports weigh 17%, but in the next years we want to reach 30%. Next year we will open the first foreign office in Brussels, with France, Paris to come next,” said Florin Gheorghe, CEO and stakeholder in Intermedio General Group, which operated under the Theta Furniture brand.
The company operates a plant in Blejoi, Prahova county and in 2020 generated turnover worth around RON28 million (about EUR6 million).
“It’s been a very challenging year for us amid the pandemic, but we will hit our targets, we’re about to double turnover, we will hit EUR10 million this year. For 2022, we target a 45%-50% increase, we hope to reach EUR15 million in the wake of current investments,” said Florin Gheorghe.
The company started building its second custom made furniture plant, a EUR5 million investment, in Ploiesti.
Florin Gheorghe says the company has diversified its activity. “We’re considering acquisitions, with the budget amounting to EUR5 million”.
(English version by Catalina Apostooiu)