The company last year saw its net loss widen to RON24.89 million (EUR5 million), from RON10.96 million (EUR2.2 million) in 2022. It reached an average number of 307 employees.

The company completed the first phase of the planned upgrade of the corrugated cardboard packaging plant in Sfantu Gheorghe, Covasna, five years ago, a project that is part of a EUR15 million investment.

(English version by Catalina Apostoiu)