Targoviste plant boosts Rondocarton sales by 20%

Rondocarton in Cluj, part of Austrian group Rondo Ganahl,
which holds corrugated cardboard plants in Cluj and Targoviste,
posted a 93 million-RON (22.1 million-euro turnover) in the first
nine months of this year, up 20% against the similar period of last
year, when only the plant in Cluj was operating. “In order to cut
costs, we negotiated raw material prices very carefully. We did not
resort to redundancies this year (however, last year, 20 people
were laid off). 250 employees are currently working at the two
plants, 30 of whom are newly employed, with the company to hire
another 10-15 people,” said Teofil Campean, general manager of the
Cluj plant. Last year, Rondocarton posted a 30.9 million-euro
turnover, and losses amounted to around 268,000 euros, according to
data on the website of the Finance Ministry. Rondocarton
inaugurated its corrugated cardboard plant in Targoviste in 2008,
following a 38 million-euro investment, with actual production
starting in January this year. The Romanian corrugated cardboard
market was put at over 150 million euros last year, with production
amounting to over 210,000 tonnes.