Rondo Carton posted RON648 million (EUR130 million) revenue and RON57.6 million net profit in 2024.
“We sell about 20% to 30% of our production to automotive customers, where demand is dwindling. We don’t see any growth for electronics, electrical equipment or furniture. Although we invested in a new packaging line at Apahida, it will not show in the growth of the business this year,” said Mihnea Baldea, general manager of Rondocarton, which delivers corrugated cardboard packaging to 400 corporate customers.
Packaging makers are a barometer of market orders and of economy, as they deliver to businesses in all sectors.
(English version by Loredana Fratila-Cristescu)