Thierry Blain, the general manager for Central and Eastern Europe with GPV, one of the major producers of envelopes on the market, says the Eastern European arm of the group will contribute 12% to annual turnover worth above 300 million euros.
"At this moment, the business we operate in Central and Eastern Europe, an area Romania is also part of, accounts for around 8% in the total sales of GPV-Curtis, whereas prior to the merger the region generated 12% of GPV sales," Thierry Blain told ZF Transilvania. He also said he planned to bring the unit he runs back to a contribution of 12% in the revenues of the new group in the following years.
Blain estimates that after the merger between GPV and Germany's Curtis, GPV Romania will be part of a group that is to become the main supplier on the European market of envelope production and related corporate mail management services. The merger between the two international companies was finalised early this year, with the new GPV-Curtis group developing annual production of 17 billion envelopes.
GPV representative estimates the group will derive total turnover worth above 300 million euros, with GPV Romania set to play an important part in the global strategy of the group.
In Blain's opinion, the Romanian mail products market now advances at a rate of around 6-7% annually, but this rate is likely to rise as Romania will have to adjust its administrative system to the EU one.
"We've reacted to demand in this domain by developing a mail-services department. Production facilities are located in Cluj, while mail management activities are exclusively handled by the Bucharest agency of GPV Romania (...)," specified Thierry Blain.
According to him, approximately 3 million euros have been invested in the past two years to develop the mail-service department for a safe database processing for cust
