Profit went down, though, by 9% to RON48.6 million, while the company’s average number of employees was flat, at around 115.

The company’s representatives did not answer ZF’s request for information on 2022 business evolution and 2023 plans.

Topanel has a plant in Ramnicu Valcea and in 2020 its representatives said a second plant in underway.

Romania’s sandwich panel market is valued at over EUR130 million. Hungary, Bulgaria, Moldova, Slovakia and Serbia are the main countries Romania exports to.

(English version by Catalina Apostoiu)