The company ended 2015 with about RON116 million revenue, 6.5% higher than the year before. Ecopack works for customers in various industries, but most of the packaging it makes (65%) goes to consumer goods industry companies.
“Packing production in Romania was driven by an increase in exports to European Union and non-EU countries, not on an increase in domestic consumer spending. The year 2016 seems to be a good year, when growth will continue, so we estimate we’ll see RON125 million revenue,” Remus Craciun, general manager of Ecopack told ZF Transilvania.
Romania’s production of corrugated cardboard and packaging increased at the highest rate of all EU countries last year, because of export demand, Craciun said.
Ecopack Ghimbav’s production capacity stands at about 100 million tons of cardboard packaging a year and the main customers are the multinational companies with plants in Romania, as well as Romanian companies. (EUR1=RON4.4576)
(English version by Loredana Fratila-Cristescu)