M&M Product invests EUR 500.000 to further develop the company

Mihai Cristea 26/05/2021 | 19:05

For M&M Product, producer and distributor of smart flexible packaging, 2021 started in force with an investment of 350.000 € for modernizing the production hall in Râșnov and 150.000 € in IT services, salaries for new employees in production line and Key Accounts sales division, as well as in marketing projects. Last year, the company invested about 1 mil. euro in developing and launching on the Romanian market a new product – The SmartGreen, eco-sustainable thermo wrap made of sugar cane.

 

Following the strategic relaunch process, started last year, the company recently launched the new site – https://www.smartwrap.ro/

”This new version of the site, better highlights our strong points that differentiate us in the market. These strengths are specially related to the tailor-made solutions we offer each client, after finalizing the consumption flow diagnosis. Now, our current and future customers and partners can find out easier about how our solutions increase efficiency and performance in the packaging process, considerably reducing costs”, declares Melinda Mureșan Founder and General Manager M&M Product / SmartWrap – the new corporate identity.

The company ended 2020 with a turnover of 6.4 mil. euros and in Q1 2021 there was an increase of 18% in quantities sold, compared to Q1 2020. These results are the consequence of the increase in the share of High Performance flexible wraps from the company’s turnover.

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