“We completed expansion with two new production lines last year, a EUR2.5 million investment, and by March we will add a new line, with EUR1 million. We thus get to 12 production lines and are set to expand production capacity by 35-40% this year,” Stefan Baba, the company’s manager, told ZF.
Locally, Europack sells products in major store chains. Abroad, the company sends wipes across Europe, the Middle East, Asia.
“We ended last year with 20% higher turnover and for this year we’ve budgeted a 25% increase. This year, we will send 50% of production abroad”.
The number of employees rose to almost 200 and the entrepreneur says the company is set to recruit further.
Europack Media in 2022 reported RON75 million turnover and RON7.7 million net profit, against RON70 million in 2021 and net profit of RON15.9 million.
(English version by Catalina Apostoiu)