The company in 2021 reached an average number of 108 employees.
WIP Industries Romania invests almost EUR36 million (RON180.3 million), of which EUR17.9 million is state aid, in a center for the manufacturing of furniture components in the Campia Turzii industrial park located in Cluj County.
The total area of the land is 45,652 square meters, of which 21,763 sqm is the built area. The project is in progress and entails the creation of 200 jobs, at first. The completion of the production hall is scheduled in March 2023.
The company had a turnover of RON52.7 million (EUR10.7 million) in 2021, up 37.5% on the year, in line with calculations by Ziarul Financiar (ZF) based on finance ministry data.
The company had a net profit of RON1.9 million (EUR388,000) in 2021, down 26% from RON2.5 million (EUR533,000) in 2020, as per public data.
(English version by Catalina Apostoiu)