IRUM and Maviprod, held by the Oltean family in Reghin, ended last year with EUR47.5 million revenue, almost 20% more than in 2017.
“We expect growth of this year’s revenue because we have new products, we want to expand by opening new offices and continuing the development of the dealer network. We are thinking an about 20% rise in 2019 sales,” Mircea Eugen Oltean told ZF Transilvania.
IRUM budgeted more than EUR6 million investments for this year, to replace equipment, retool labs, develop new products, build new production facilities and optimize processes.
(English version by Loredana Fratila-Cristescu)