BUSINESS

Rifil Romania – 40 years of activity

Last Thursday, Rifil Romania, the first private production company set up in Romania after 1945, celebrated 40 years since its foundation. Rifil was the first joint venture not just in Romania, but also in the whole Eastern Europe.

As known, the festivities marking 40 years of Rifil existence, that took place at Savinesti, Neamt County, were honoured by the presence of special guests such as: Maria Grapini – Minister Delegate for SMEs, Business Environment and Tourism, Diego Brasioli – HE Ambassador of Italy to Bucharest, Mauro Maria Angelini – President of Confindustria Romania, Mario Iaccarino – Head of the Institute for Foreign Trade, as well as numerous local and regional officials. Company President Ion Stratila, Vice President Luigi Bodo and General Manager Valerica Pojoga, next to company founders Emilio Falco, Stefano Verzoletto representing Giacomo Verzoletto and Valeriu Momanu, greeted the guests and officials who attended the anniversary in large numbers. Many guest arrived from Bucharest thanks to a helicopter transfer service offered by Rifil, some of them being Gianni Villabruna with Finmeccanica, Stefano Burani – IntesaSanPaolo Bank and Sergio Pica – Eni Romania.

The guests on the event insisted on extending their congratulations to the company management as well as employees on the professionalism and commitment proved all these years, during periods of major challenge to Romanian economy.

The host of the event, Luigi Bodo, Vice President Rifil Romania, stated: ‘I am very touched to be here to celebrate 40 years of major sacrifices but also huge satisfactions. Our greatest achievement was to represent a benchmark for many Romanian families in the area as well as for whole generations who, from mother to daughter, have worked at our factories in Savinesti, Campulung and Gura Humorului (…). Rifil owes what it is today to its workers and founders. It is they who have always put the company success first, focussing on investment and consolidation of its assets. Our success wouldn’t have been possible if it hadn’t been for their support. A thoroughly trained management, united as a family’.

After the official speeches, Rifil officials offered their guests thank-you plaquettes.

Romania’s first production company with foreign capital as well as the first in the Warsaw Pact signing states was set up at Savinesti, Neamt County, in 1973. Rifil operates in the textile industry – production of dyed and non-dyed acrylic yarns and is a market leader in Europe.

Rifil is not only the first joint venture set up in Romania after 1945, but also the first in an Eastern European country. Rifil is registered with the Register of the Ministry of Public Finance of Romania at number 1.

The Rifil investment in Romania includes three production factories: Savinesti, Campulung Moldovenesc and Gura Humorului, with a consolidated turnover of EUR 65.5 M in 2012 and 2013 estimated turnover of EUR 72 M, over 500 employees and an estimated investment budget of EUR 4 M for the current year. The quality of Romanian labour force and of the goods made in Romania is appreciated around the world. This explains the fact that Rifil actually exports its products to a total of 27 countries.

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