The company with the largest production capacity in Central and Eastern Europe dedicated to compostable bio-based packaging, occupies the leading position in the market, which implies the possibility to make economies of scale and offer a very good price-quality ratio
A short excerpt from the Bursa.ro article on our future plans:
• Currently, we are undertaking a series o feasibility studies as a first step in project development, so as to apply for various financing schemes using EU funding
• We have recently started to deliver our products to supermarkets in Greece and Spain and we propose to strengthen our position in these markets
• We are interested in developing in the area of food packaging, as well as in the mail of courier bags
We plan to build a new factory that will allow us to double our production capacity and diversify the portfolio of products with a lower environmental impact," said Tudor Georgescu, general manager of the manufacturer of renewable and compostable packaging Promateris, former Prodplast.
Tudor Georgescu pointed out that Promateris, the company with the largest production capacity in Central and Eastern Europe dedicated to compostable bio-based packaging, occupies the leading position in the market, which implies the possibility to make economies of scale and offer a very good price-quality ratio.
"We will continue to invest in the industrial recycling of technological waste. It is a new niche for the Romanian market and is addressed to producers who want to reduce their carbon footprint in the production process", said the director of the packaging manufacturer, a company that has recently undergone a rebranding process, out of the need to align its entire identity with the production activity.
Promateris Group has ended the first quarter of 2021 with EUR 7.1 million in consolidated sales, a growth of 23% compared to the same period of last year. Such growth is mainly a result of an expanding portfolio of bio-based and compostable products, as well as an ever-developing network of clients.
Promateris has initiated an investment project of a new division, Bio Compounds, which aims to locally manufacture raw materials from partially renewable resources, used in the production of compostable packaging.
The Promateris Group closes 2020 with EUR 23.7 million in consolidated sales, an increase of 39% compared to the previous year. The growth is largely generated by the increase in production of biodegradable and compostable packaging. Promateris thus strengthens its position as a regional leader by developing distribution channels in Central and Eastern Europe, in countries such as Greece, Poland, Hungary.