Packaging producers, exposed to automotive market decline, too
SCA Packaging producer of corrugated cardboard, part of Swedish group SCA, which last year invested 9m euros to expand the corrugated cardboard plant in Timisoara, in the first half posted almost 14% higher turnover in RON compared with the same period of last year.
SCA Packaging producer of corrugated cardboard, part of Swedish group SCA, which last year invested 9m euros to expand the corrugated cardboard plant in Timisoara, in the first half posted almost 14% higher turnover in RON compared with the same period of last year. “Forex differences generated a 1% lower performance in euros. On the automotive segment, we were exposed to a decline, which we offset, though, by attracting new clients on the FMCG and industrial segments,” stated Lorand Kasler, sales manager with the producer. He did not specify absolute value revenues generated by the two operations. SCA Packaging turnover last year amounted to almost 22m euros, while the average number of employees stood at 105 persons, according to the Finance Ministry data. The corrugated cardboard plant last year expanded its area by 12,000 square metres, to 17,000 square metres, while its production capacity grew seven times, in the wake of operated investments. The sales manager also says he sees growth perspectives for the company in the second half, as its market presence is growing. The company gave up 20 employees amid the falling demand along certain product categories that needed manual work.
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