Representatives of Infopress, the Odorhei-based printing househeld by Icelandic investment fund Kvoss, believes the printingmarket for commercial prints and publications fell to 85 millioneuros, a 35% decline on 2008.
The decline occurred in the context of a maturing ofproduction capacities of the printing houses present on the marketfor several years, such as Infopress, Megapress, G. Canale andCoprint, as well as in the context of the entry of a new playeronto the market. 2009 was the first year in business for Germangroup Euro Druckservice, which opened a printing house at the endof 2008 in Brasov
"Considering that new production capacities were installedtowards the end of 2008 - especially by Infopress Group and by EDS- the 2009 decline entailed a significant overcapacity comparedwith market demand, which affected all companies in this sector,faced with tighter competition, a deterioration of the clientportfolio and not least liquidity problems," said Daniel Adam,financial manager of Infopress.
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