Romaco Group, a leading global supplier of processing and packaging equipment, generated sales of 109.0 million euros during the 2012 fiscal year – an increase of 16.7 per cent compared to the previous year and up by 24.4 per cent since 2010. Incoming orders in FY 2012 totalled 106.3 million euros.
The company also reported 19.4 per cent higher sales of machines and plant in the last FY while the Romaco Group’s Customer Service and Aftermarket business rose by 9.4 per cent. “The growth trajectory is continuing on a steep upward curve,” explained Paulo Alexandre, CEO of the Romaco Group. “We are very satisfied with this positive trend, which will strengthen our strategic alignment as a supplier of engineering and system solutions,” he added.
At 106.3 million euros, the incoming orders also reportedly marked another two per cent improvement on last year’s record. At the end of the 2012 fiscal year, orders on hand were worth 39.1 million euros. The company’s invested in the relocation and enlargement of its Brazilian Sales & Service Centre in São Paulo in the previous year. Since March 2013, the Mexico City based Grupo Rasch has been supporting the Group’s sales activities in Mexico. This new cooperation is expected give Romaco a stronger foothold in Central America. “Our goals for the current fiscal year are to maintain our efforts to boost our share of the international markets while consolidating and extending Romaco’s already powerful position in the world’s key regions,”Alexandre emphasised.
EP News Bureau – Mumbai
