The company posted growth in the first half of this year, both in terms of turnover and volumes. Radu Timis Jr. believes consumption will top market expectations by yearend.
The meat producer exports to over 20 countries, with the segment accounting for 18% in its overall business. Export expansion continues to the Middle East, as well as other states of Asia.
CrisTim is also investing EUR4 million in energy and is set to install photovoltaic panels with a 4 MWh capacity. The project is due to be completed by yearend and will secure a large part of production consumption.
Beside food production, Timis family has also invested in tourism, more exactly in Casa Timis, a renovated mansion in Prahova county.
(English version by Catalina Apostoiu)