Paragon is part of the Grenadier Holdings group and has been operating in Romania for 20 years. The company currently runs a printing facility in Otopeni, covering 4,900 square meters and employing over 200 people. In 2023, this facility generated a turnover of €11.2 million.

The new Buftea factory will have a built area of 6,500 square meters and a total developed area of 7,600 square meters, including production, storage, administrative, and technical spaces.

The property is located next to Eli Park 1, a logistics park developed by Dumitrescu in partnership with Dragoș and Adrian Pavăl, the owners of Dedeman, and later sold in 2021 to the South African company Fortress. Additionally, the site is near Moteco Glass, a supplier of customized glass.

The new Paragon facility will serve the printing industry, engaging in printing, finishing, assembly, and storage of paper and cardboard products.

Paragon operates in 26 countries, with 165 locations and over 7,500 employees worldwide.