Romanian cardboard maker Vrancart Adjud is aiming to invest about €8 million this year with the aim to raise the output ca-pacity of its plant in Adjud, Romania.
The manufacturer is eyeing sales of about RON 220.4 million (€49 million) in 2016 which would represent an increase of 5% compared with a year earlier, reports local business daily Ziarul Financiar.
“This year, we will continue the development of our company by making in-vestments that will lead to an increase in efficiency and production capacity, as well as diversify our existing portfolio,” said Ionel-Marian Ciucioi, the chief executive of Vrancart Adjud.
