05Apr
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...
23Oct
IPEC and IKEA are building in Alba Iulia, the largest cup factory in Europe. What the Minister of Finance says about the investment
Marcel Boloș, the Minister of Finance, said that the Romanian Government supports the construction of a cup factory in the city, by the IPEC company. It would be the largest cup factory in Europe, a project in partnership with IKEA. Moreover, Minister Boloș stated that he came...
09Oct
IPEC Alba Iulia, 10 million euro investment in one of the largest cup factories on the continent
IPEC Alba Iulia, investment of 10 million euros 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...
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
How did the business of a family from Alba reach profits of over tens of millions of €? They produce more than 50 million pieces of porcelain annually
The IPEC company, led by the Covaciu family from Alba and one of the key suppliers for IKEA on the local market, recorded a remarkable evolution in 2022. The company IPEC (Întreprindeea de Porţelan Elena Covaciu), owned by the Covaciu family, one of the main IKEA...
01Sep
The Covaciu family from Alba reached a business of almost 32 million euros with the IPEC porcelain factory
The company IPEC (Întreprindeea de Porţelan Elena Covaciu), owned by the Covaciu family, one of the main IKEA suppliers on the local market, achieved a turnover of 157.1 million RON (31.8 million euros) in 2022, in 11.8% increase compared to the previous year, according to...
24Aug
VIDEO: Cristian Covaciu, general director of IPEC Alba, designated “Entrepreneur of the year 2016 in Romania”. He will represent the country in the world finals in Monte Carlo
Cristian Covaciu, the general director of IPEC Alba, the company that manufactures ceramic products for household and ornamental use, was designated, on Thursday evening, "Entrepreneur of the year 2016 in Romania", at the competition gala organized by EY Romania. The businessman behind the company from Alba...
24Aug
Cristian Covaciu, one of IKEA’s biggest suppliers, tells his story
What is the connection between Internet 4.0, a factory, IKEA and millions of plates? The answer is automated: Cristian Covaciu and IPEC, a company with business of almost 100 million lei last year and 70% of production delivered to IKEA. He can talk for hours about...
24Jan