Greiner expects 18m euros

Sibiu-based packaging manufactuSibiu-based packaging manufacturer Greiner Packaging has announced approximately 1.7 million-euro investments this year, that will go towards increasing production capacity, an increase in productivity and the implementation of new technologies. "The company''s development plan for 2006 pursues an increase in the market share by about 10-12% (domestic and export) and an increase in the consolidated turnover by some 20%(...)," Lucian Ocos, sales manager of Greiner Packaging SRL told ZF Transilvania. He added the two member companies, Greiner Packaging and Thrace Greiner Packaging, will attain turnover of 17.8 million euros this year. Greiner Packaging will contribute almost 60% of the turnover. ZF