Principal Construct boosts capacity

Meats producer Principal Construct will open a new production facility in Filipestii de Padure, Prahova County, next month, with the already existing facility in this location set to be used for another yet unspecified purpose. “The new facility in Filipestii de Padure is a two million euro investment made with SAPARD funds, of which we contributed 50%. We will release a line of vegetal products and a line of high quality products based on traditional methods, as market surveys have shown there is great demand in this regard,” Claudiu Ciuciureanu, Principal Construct general manager said. The new production facility will have a 24,000 tonne annual capacity, while the old facility to be dropped has a 7,500 tonne annual capacity. “We estimate our output next year to come close to this capacity,” Ciuciureanu says. Principal Construct logged 15 million euro turnover last year, down some 5% from the year before. Sales estimates for this year reach 18-19 million euros. The company’s market share rose to a little above 4% last year, Ciuciureanu said. ZF