Transilvania Nuts has a factory in the locality of Ciugud (Alba County) and processes over 5,000 tons of nuts annually and its products are exported to 26 countries in Europe and Asia. The company’s exports account for 85% of its turnover.
This is the company’s second financing from BRD, after the lender granted a loan of EUR3.1 million to Transilvania Nuts, in 2019, for a project co-financed from EU funds, which targeted the construction of the walnut kernel processing plant in Ciugud.
“(…) The Romanian capital is crucial for the country’s development because it generates prosperity and opportunities for a whole community of people. Therefore, supporting the Romanian capital is essential for Romania’s economic development,” said Alexandru Chiric, CEO of Transilvania Nuts.
The company ended 2019 with a turnover of RON39 million and a net profit of RON454,690.