Cris-Tim hopes to see 30 percent sales increase in 2012

Newsroom 21/02/2012 | 11:41

Romanian cold cuts producer Cris-Tim estimates its sales will go up by 30 percent in 2012 after investing EUR 24 million in the past three years in increasing the production capacity and technology upgrades.

Most recently, the company has invested in EUR 4 million in a high pressure processing technology.

Currently, Cris-Tim exports 13 percent of its total production to 16 European countries and hopes to increase the share to 25-30 percent. Among the countries foreign markets there are: Ireland, Great Britain, Denmark, Sweden, France, Germany, Austria, Czech Republic, Portugal, Spain, Italy and Hungary.

Cris-Tim Group is owned by local businessman Radu Timis. Last year the company reported a EUR 80 million turnover, a level similar to the one reported in 2010.

Simona Bazavan

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