“We are present with both bulk and packaged products (an area we are developing more and more). The main market is represented by more than 23 countries in Europe, but we aim to develop equally strong partnerships with partners in the US and Asia,” Alexandru Chiric, general manager of Transilvania Nuts, a company with a factory in Ciugud (Alba County), told ZF.
In 2021, Transilvania Nuts posted RON59.5 million revenue, up 34% on the previous year, according to ZF calculations based on Finance Ministry data.
“We certainly want to keep the same growth rate,” the co-founder of Transilvania Nuts added.
Thus, if the Alba-based manufacturer keeps the same growth rate, the company’s revenue could reach almost RON80 million in 2022, according to ZF estimates.
On the other hand, Transilvania Nuts posted net losses of RON1.4 million in 2021 and had an average number of 69 employees, according to Finance Ministry data.
(English version by Loredana Fratila-Cristescu)