“We have a EUR1 million project based on EU funds underway for retooling. We haven’t rushed to borrow from banks. We’ve based our growth on own resources and EU funds, this would be the third project we’re undertaking,” said Nicolae Ciuleac, manager and a majority stakeholder in Carniprod, a company with an almost 25-year history.
The company’s plant has a capacity of 40 tons of cold cuts per day. Last year, it posted RON70 million turnover, flat from the previous year.
Carniprodowns a meat processing unit in Tulcea, as well as an own store network that included 30 units ahead of the pandemic in cities such as Tulcea, Bucharest, Constanta or Galati. Currently, though, the network comprises only stores in Tulcea.
Carniprod owners have carried out investments of above EUR20 million since the company’s foundation.
(English version by Catalina Apostoiu)