Industry: Packaging industry
Sector: Corrugated cardboard packaging manufacturers
SIC Code: 26530100 CORRUGATED BOXES, PARTITIONS, DISPLAY ITEMS, SHEETS, AND PAD
Country of Origin: Albania |
Target Areas: European Union, North America
A profitable company and well known producer of corrugated and cardboard boxes and packing material, operates since 2003 in Albania with about 90 employees, all well trained and highly skilled. Also an environmentally sensitive company. Only recycled water is used for the production process. About 70 % of the production is made using recycled paper, and 30% is made of purchased raw materials. In 2011 the company has invested in a new paper production line, recycling waste paper and assorted materials to increase production and sales throughout Europe. The current production is about 350-400 tons of packaging material per month (corrugated cardboard packing), accomplished in a 20.000 m² factory. The estimated potential and target is about 1.000 tons per month for the upcoming year 2013/2014. The European Bank for Reconstruction and Development (EBRD) holds an equity stake of (31%) in the company, which was invested in 2009 for the company’s new recycled paper production line and for the establishment of a waste paper recycling network.
Revenue 2015: EUR 3,180,000
EBITDA 2015: EUR 422,000
Capital / Loan Requirements: 3,000,000 EUR
corrugated cardboard products, manufacturers, boxes, packaging
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