Tabco-Campofrio in the black

Meat processing player Tabco-Campofrio, a Spanish-owned company, created 25 million euros in turnover last year, an increase of more than 10% on the previous year, and had an EBITDA of more than 2 million euros, 15% higher than in 2003. “We began 2004 with much lower sales than expected, but managed to recover in the last seven months of last year because we got the first shipments of raw material from our pig farms in Tulcea, the grain crop last year was very good and due to cutting a small number of jobs. These measures helped us attain a turnover beyond the forecasts made early in the year,” said Ovidiu Wencz, Tabco-Campofrio general manager. The company expects 27-28 million euros in turnover for this year. ZF