Profit stood at RON63.4 million compared with RON29.4 million in the previous year, according to the same source.
“This is a rather difficult year with a decline in prices on our market but a rise in raw material prices. There is a pressure to cut costs. We are going through a time of uncertainty, let’s see how the next few months will go,” Mihnea Baldea, Rondocarton CEO, told ZF.
Rondocarton delivers corrugated cardboard packaging to 400 corporate customers. It sells 90% of its packaging production on its home market, mostly to the grocery sector, which is strategic for Rondocarton.
It also has automotive, electronic and electrical equipment manufacturing and furniture industry customers.
“We are in line with last year in terms of revenue in first half so far. We saw an increase in demand for packaging from FMCG customers, a decline from the furniture and construction industry and stagnation from the automotive industry.”
(English version by Loredana Fratila-Cristescu)