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Romanian paper packaging maker to invest in output capacities
Romania-based paper packaging producer Segezha Packaging Srl has unveiled plans to invest some RON 2.3 million (€500,000) this year to expand and modernise its output ca-pacities.
For 2017, the company reported sales of about RON 52 million (€11.2 million), of which more than 33% was generated by export sales, ac-cording to data obtained by local business daily Ziarul Financiar.
The company operates a production facility in Ploieşti, in Romania’s southern region, and is part of Russia’s InvestLesProm Group. The producer also operates facilities in Russia, Germany, the Nether-lands, Italy, Denmark, the Czech Republic and Turkey.