Tymbark makes 4.5m-euro investment in fruit processing

The Maspex group, the biggest Polish investor on the Romanian
market is planning to make 4.5 million-euro investments in a fruit
and vegetables processing plant in Valenii de Munte (Prahova
county). The company has put together a project to access
structural funds, which could cover almost half the investments
planned for 2010. “We want to open the fruit and vegetable
processing plant at the end of the second quarter of next year. It
will supply both the juice plant in Romania and other plants of the
group outside Romania,” said Krzysztof Grabowski, president of
Tymbark Maspex Romania. This year the producer completed a 30
million-euro investment project in the construction of the second
Romanian-based plant, thus expanding its production platform in
Valenii de Munte. Over the last few years, the Romanian subsidiary
of the Maspex group sought to develop its exports, which now
account for over 15% of the company’s turnover. The producer of
Tymbark juices reported a 6.2% sales rise in the first nine months
of the year, and posted a 58 million-euro turnover last year.