14Jan
13Dec
Porcelain manufacturer IPEC Alba Iulia, controlled by the Covaciu family, ends 2024 with a turnover of 27.6 million euros.
IPEC (Întreprinderea de Porţelan Elena Covaciu), owned by the Covaciu family, one of IKEA's main suppliers on the local market, estimates that it will end the current year with a turnover of approximately 137.5 million lei (27.6 million euro), down from last year, when the...
24Oct
The company IPEC Alba Iulia, producer of TOP porcelain, awarded at the Forbes 500 Business Awards 2024 Gala
The porcelain manufacturing company, IPEC, from Alba Iulia was awarded at the Forbes 500 Business Awards 2024, which took place on October 17. The Forbes 500 Business Awards Gala is the most important business event in Romania.In the twelfth edition, the entrepreneurial spirit that persevered...
30Aug
Alarm signal from a large Romanian manufacturer. Cristian Covaciu, IPEC Alba Iulia: We are thinking of moving the company entirely to another country
The Covaciu family is considering the idea of relocating the IPEC Alba Iulia producer to another country, due to the evolution of energy prices in recent years and the government's inability to ensure predictability and a fair playing field for Romanian producers, in the ZF...
02Jul
The profit of the IPEC Alba Iulia porcelain manufacturer, controlled by the Covaciu family, increased 2.4 times in 2023, reaching almost 4 million RON, with a turnover of 143 million RON
The company IPEC (Întreprindea de Porţelan Elena Covaciu), owned by the Covaciu family, one of the main suppliers of IKEA on the local market, completed the year 2023 with a net profit of almost 4 million RON (892,000 euros), 2.4 times higher than the previous...
05Apr
IPEC Alba Iulia porcelain manufacturer, controlled by the Covaciu family, has budgeted over 33 million euros for its business for 2024
The company IPEC, owned by the Covaciu family, one of the main IKEA suppliers on the local market, estimates for 2024 business of over 33 million euros, up 15% compared to last year, according to ZF calculations on based on the data provided by the...
08Jan
Forbes Business Awards 2023: Cristian Covaciu, Director General of IPEC
IPEC, Alba Iulia, was founded in 1990 by the Covaciu family, and today it is one of the largest producers of porcelain plates in Europe. The entrepreneur comes from a family that has worked for several decades in the field of porcelain. Cristian Covaciu proposed to...
09Oct
IPEC Alba Iulia, 10 million euro investment in one of the largest cup factories on the continent
IPEC Alba Iulia, one of the largest producers of porcelain plates in Europe, invests 10 million euros in one of the largest cup factories on the continent.The business was established in 1990 by the Covaciu family of entrepreneurs, and today the products made in Alba...
06Oct
IPEC intends to build a new factory in Alba Iulia. It will be equipped with the most modern technology worldwide
The management of IPEC Alba Iulia is in advanced discussions regarding the construction of a cup factory in the city. If the project becomes a reality, the cup factory would be the most modern in the world. It would be an investment of over 10...
07Sep