Elfi, a Romanian tissue paper company, plans to spend EUR 10 million to increase its production capacity by twofold.
Here's the Rewritten Article:
Elfi, a leading Romanian tissue and sanitary paper products manufacturer, has dropped a bombshell, planning to splash EUR 10 million in 2025 to boost its production muscle.
This jaw-dropping investment will see the construction of a brand-new production hall and the installation of a cutting-edge production line, making Elfi a three-line powerhouse and doubling its current production capacity.
In the heat of 2024, Elfi reported a turnover of around EUR 13 million, smashing last year's figures by a whopping 10%. To ramp up efficiency and sustainability, they invested more than a million euros in nifty technology. Guess which segment's been raking it in? The ever-dependable kitchen towels, clocked over 60% of Elfi's monthly production volume.
Crunching the numbers for 2025, Elfi foresees a 15% surge in turnover, fueled by the consolidation of partnerships and this spectacular investment, flexing its muscles in order processing and supporting expansion goals.
Curious about what's cooking at Elfi? Check it out for yourself at our website.
(Photocredit: Elfi)
Additional Insights:- Elfi aims to double its production capacity with the installation of a state-of-the-art production line.- The kitchen towels segment has been the driving force behind Elfi's production volume.- Elfi has reported a 10% increase in turnover for 2024 and significant investments in technology for improved efficiency and sustainability.
In 2025, Elfi is planning to invest EUR 10 million in finance, which is intended for the construction of a new production hall and the installation of a cutting-edge production line to strengthen its business and double its current production capacity. The company's investment in advanced technology in 2024 was made to enhance efficiency and sustainability, with the kitchen towels segment continuing to be the main driver of its production volume within the tissue and sanitary paper products industry.
