Turnover up for SCA Packaging

Cardboard packaging maker SCA Packaging, which is owned by the Swedish company that makes Zewa tissues, last year posted growth in turnover of around 40% compared with 2003 due to increased demand. Turnover for 2003 was 2.6 million euros. “The pace of growth was closely related to the increase in the activity of SCA Packaging’s client companies, especially those in the automotive and home appliances sector,” said Laszlo Balint-Nagy, the head of the Romanian division of SCA Packaging. From total turnover, more than 70% was derived from the automotive and large home appliance companies, specified Balint-Nagy, adding that the share of these two segments would increase in 2005. SCA Packaging entered the Romanian market in 2002 and operated as a logistics centre for two years. Turnover for the three months of business in 2002 came to 830,000 euros, with 2003 seeing around 30% growth. ZF