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Greiner sees Romanian business grow

By NEWS SYSTEM
Published: May 13th, 2008
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Plastic packaging manufacturer Greiner reported turnover of EUR25m in 2007, up almost 30% on 2006, when it registered EUR18.9m, after it became a supplier for Tnuva Romania, Cumpana, La Fantana and other companies.

Greiner Packaging and Thrace Greiner group last year attracted new clients, such as water distributors Cumpana  and La Fantana, the maker of decorative paint and ink for printing and packaging Druckfarben, dairy producer Tnuva, and Teletext, which complement the portfolio of companies for which it was already a supplier, such as Danone,Friesland (dairy industry) and Koeber and Henkel in the paint industry. Greiner set aside EUR3.7m in its budget for investments in automation and to increase production capacities this year.

“We invested EUR2.2m in automation and upgrades and 1.5 million euros in increasing production capacities,” Lucian Ocos stated.

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