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29.06 09:39:32

Raja sets high objectives - France

Packaging major Raja has set a sales target of €410 million for 2011 after acquiring Cenpac in 2010.

 

In 2010, sales totalled €300 million, a result that reflects five months of the integration of French company Cenpac in July 2010, and the recovery economic activity in Europe, said Daniele Kapel-Marcovici, Chief Executive Officer of the Raja Group.

 

France was the major source of sales for the group, up 5% to 136 million euros. Other countries also saw strong growth: Belgium (13%) Germany (17%), Britain (18%) Italy (35%) and Austria (27%).

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