20% growth for Romcarbon

Plastic products maker Romcarbon Buzau’s net profits increased nearly 10 times in 2004 to reach 470,000 euros (19bn ROL), according to the preliminary company data. Turnover increased by some 20% to 8.8 million euros (357bn ROL). Romcarbon officials did not comment on the results. Romcarbon makes car filters, gas masks, polyethylene bags, PVC pipes, polypropylene bags and packaging foil. It is also one of the leading producers of polystyrene food containers, Romania’s largest maker of filters and only producer of active charcoal. Romcarbon opened the polystyrene food container manufacturing line following a 300,000 euro investment last year. This is the first such facility in the entire country. The food container market is estimated at some 10 million euros a year. Romcarbon’s main clients include Avicola, Metro Cash & Carry, Arpechim, Oltchim, Sidex and Compania Nationala a Huilei Petrosani. The company output is largely sold on the domestic market, with exports representing only a small amount of total turnover. ZF