30m-euro sales for Zumtobel
30m-euro sales for Zumtobel
International Lighting Technology, the Romanian branch of the Austrian group Zumtobel – the world’s leading producer of lighting products, estimates annual sales worth some 30 million euros starting next year. The company will begin production in October, in the Curtici Arad Free Trade Area, where it has invested 15 million euros in a plant. According to International Lighting officials, all the output produced in Romania will go to the foreign market at first. “What we want, however, is to also develop products specific to the domestic market in our Arad location in two years at most, because there are already companies that distribute our products on the Romanian market,” Minel Ciurea, chief executive of International Lighting Technology told ZF Transilvania. He also said that by the end the year, the Arad-based plant would employ some 180 people, with the number of employees to reach 400 by the end of 2009.
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