More products, higher revenues

Corrugated cardboard packaging manufacturer Dunapack Rambox, which is based in Sfantu-Gheorghe, has posted 10% higher sales in 2004 thanks to the broadening of its product portfolio. “The physical volume of our output was approximately 53 million square metres of packaging, up 10% on the previous year both in terms of quantity and value,” said Octavian Sin, the company’s financial manager. Turnover for 2003 came to some 15.5 million euros, according to Finance Ministry data and calculated at the average ROL/EUR rate for 2003 published by the central bank. Total consumption of corrugated cardboard packaging on the domestic market amounts to approximately 250,000 tonnes a year, meaning that with an average of 550-600 euros/tonne the overall market value is nearly 150 million euros. “Players on the market expect consumption growth for the years to come of about 10% per year, largely depending on foreign investment in Romania and the method of packaging consumer goods,” explained Sin. ZF