The business was founded 12 years ago and first developed in Romania. Subsequently, the entrepreneurs crossed the borders.
Claudiu Taran, co-founder of the business, says there’s still room for growth in Romania. However, the company has lately focused on other markets of Europe as well.
The business is operated via several firms, but the largest one, Cezar Paper, reported over RON41 million turnover in 2023, up 61%. The other four firms raked in another RON45 million the same year.
(English version by Catalina Apostoiu)