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Romanian cardboard maker obtains regulatory approval for €10M investment
Romanian cardboard producer Rondocarton has obtained the approval of the country’s competition watchdog Compe-tition Council to invest some €10 million in its local subsidiary Transil-vania Pack & Print.
Last April, Rondocarton took over the business from Offset Druckerei Schwarzach. Following the transaction, the cardboard producer is now planning to modernise Transilvania Pack & Print’s production fa-cility in Sibiu, in Romania’s central part, according to the information obtained by local business daily Ziarul Financiar.
Rondocarton is part of Austria’s Rondo Ganahl group. The firm em-ploys a workforce of about 300 at its two Romanian plants.