„VPK group has approved an extensive capital investment plan for the next five years in infrastructure and technology for its production unit. The first phase has already been completed, by expanding the built area. The robotization of key machinery will follow starting this year,” said the representatives of the company.
The lack of economic predictability, as well as workforce attraction and retention, together with the desire for ongoing business development are the main challenges for VPK Packaging.
„Strategically, VPK continues to build its position as an integrated packaging company and reach a solid two-digit market share both in Romania and Hungary”.
The company ended 2022 with RON249 million turnover, up 24% from the previous year. The 2022 RON8.1 million profit was flat against 2021 and the number of employees dropped to 246.
(English version by Catalina Apostoiu)