Rondocarton officials estimate total revenue of EUR120 million in 2022.
“In the first half of this year, our business was influenced by the increase in the cost of production and therefore the price, and not by the increase in volume, which is very slightly above last year’s level,” Mihnea Baldea, general manager of Rondocarton, told ZF Transilvania.
“The decreases in consumption remain worrying, both in the industrial sector, but especially in the consumer goods sector, as well as the effects of the energy crisis, whether we are talking about inflationary pressure or uncertainty on the functioning of the economy.”
Austria’s Rondo Ganahl opened its first factory in Romania 24 years ago, in Apahida, Cluj County, with an investment of several tens of millions of euros, followed by the second production facility on the local market, in Targoviste in 2008, an investment of EUR38 million.
(English version by Loredana Fratila-Cristescu)