Romanian tissue paper manufacturer Elfi increases production capacity by investing €10 million
Elfi, a Romanian tissue and sanitary paper producer, is blowing the lid off a EUR 10 million investment plan for 2025. This cash injection will fuel the construction of a swanky new production hall and the installation of a cutting-edge production line, allowing the company to run three production lines and double its current output.
One glance at the company's performance in 2024 reveals a 10% increase in earnings—approximately EUR 13 million—compared to the year prior. These numbers boosted by over EUR 1 million in investments dedicated to tech-driven efficiency and sustainability. The kitchen towels segment was the real MVP, accounting for about 60% of the monthly production volume.
Looking ahead, the company predicts another 15% bump in revenue for 2025. This optimistic outlook is rooted in the consolidation of established partnerships and the strategic financial shots it's taking to fuel expansion initiatives. This rejuvenation will grant the company greater agility in order management and position it for even bigger opportunities.
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(Photo credits: the company)
[1] Elfi announces EUR 10 million investment plan for 2025, article available at https://www.romania-insider.com/elfi-sanitary-paper-investment-2025/[2] Elfi reports turnover increase of 10% in 2024, article available at https://www.romania-insider.com/elfi-turnover-increase-2024/
[1] The investment plan, which amounts to EUR 10 million, is directed towards the business sector, particularly finance, as Elfi aims to construct a new production hall and install a modern production line to accommodate three production lines and double its output.
[2] This financial injection, combined with strategic investments in tech-driven efficiency and sustainability, has significantly contributed to Elfi's 10% increase in earnings in 2024, reaching approximately EUR 13 million.
