2 million-euro investment in charcuterie industry

The meat processing industry continues to draw in new investment despite the fact that there are an impressive number of players, together holding three times the necessary production capacities as compared to current demand. Furthermore, charcuterie producers have been facing an acute crisis in raw materials for quite a few years, a problem which has become even more serious over the last few months. The Deva-based company Davar Deo will invest two million euros in the construction of a charcuterie processing plant and a slaughterhouse in Hunedoara county. “There are very many producers on the market at this moment, but, following Romania’s integration in the EU, only a few will remain because many will not be able to meet European requirements,” says Monica Vasile, general manager and the single associate of the company. The total capacity of the charcuterie plant and the new slaughterhouse will stand at 2,000-2,500 tonnes. “We will approach the market with traditional products,” she states. Half of the new investment will be secured from SAPARD funds. Monica Vasile is a graduate of the Bucharest Economic Studies Academy, is only 26 and says she took to this business because it has development potential. ZF