Maschio Gaspardo sells to Italian farmers in Romania

Farming equipment maker Maschio Gaspardo Romania sold 2 million euros’ worth in the first nine months last year, and began operating directly on this market last April. “We estimate our sales to reach 4 million euros on both the domestic and foreign market. Considering 2004 will be the second year in business for Maschio Gaspardo Romania, this seems like a very ambitious forecast, but it can be attained, nonetheless. Everything is up to the weather conditions, as the farming economy is heavily reliant on this external factor,” Mirco Maschio, administrator of Maschio Gaspardo Romania said. Maschio sold 100,000 euros’ worth in farming equipment on the Romanian market in 2002. The Italian company entered the Romanian market last year, following a 2 million-euro investment in a production facility in Chisineu Cris, Arad County, which is currently employing 60 people. Maschio says he cannot possibly tell how much of the market the Italian producer of agricultural machinery accounts for at the moment, but can say it has become the “official supplier” of farming equipment to the Italian investors in the Romanian agricultural sector. ZF