Campofrio depends on customs policy

Cold cuts producer Tabco Campofrio, the local branch of Campofrio Alimentacion based in Spain, registered turnover worth 33 million euros last year, up more than 30% on 2004. The company estimates turnover worth 40 million euros for this year. “Turnover will largely depend on what happens with Romania”s customs duties policy. I am expecting greater consistency from the government policy on customs duties,” stated Ovidiu Wencz, the company”s chief executive. Wencz added that last year had been one of the best years since Campofrio entered the local market, due to both market stability and investments in marketing and distribution. “Significant steps were taken last year towards developing the business. We completely gave up pig carcasses since we can rely on our own farms and on the ties we have with farmers. Market stability, as well as the structure of our portfolio of products, have also been helpful”, says Wencz. ZF