During the transition to a market economy, the factory operated first as a state-owned enterprise, then as a leased company in 1991. In 1992, at the initiative of the staff and under existing legislation, it became a closed joint-stock company with mixed state and private ownership, and after privatization in 1994, it became an open joint-stock company with 100% private capital.
At that time, “Bucuria” faced near collapse, but was revived by specialists who considered the factory their second home. Thanks to the competence of management and the unity of the team, the company survived and adapted to the reforms of that era.