Rompac H1 turnover up 55%

The packaging plant owned by Rompac International group registered 0.9 million dollars in H1 turnover, up 55% against the year-ago period. Profit stands for 15% of the turnover, Traian Tau, executive manager of the plant, said.

Financial estimates for the entire year aim at a 50% jump in turnover as compared to 2000, when it exceeded 1 million dollars amid sales 2.5 times higher than the previous year. Rompac International also operates in farming and farm products preserving, conditioning and sale.

It is also a harbour and tour operator. The business dates back to 1993, when it was started with entirely Romanian capital. The packaging plant produces mainly duplex cardboard packaging (presentation packaging i.e.), an activity generating 95% of the plant’s output.

The residual 5% of the plant’s packing output consists of corrugated paper, which is used in transport activities. Beside cardboard, the plant also produces labels, paper packaging, and advertising materials. 30% of the output aims at export, meaning that the packaging is used for goods delivered on the foreign markets.

Rompac’s largest clients are Romlux, Sicomed, Ductil, Maximilian, Coryllus and Medipharma. Policolor is the company’s main competitor on the domestic market, but, at the national and international level, the invasion of the very poor- quality Chinese products is quite a menace due to their low prices.