INATECH Group, one of the largest suppliers of complete packaging solutions in Romania, is consolidating its position on the market through strategic initiatives aimed at diversifying its product portfolio and streamlining production capacity. The company announces Daniel Vaum’s promotion to manager of the purchasing department as part of its strategy to optimize internal processes.
“At the beginning of October, INATECH Group invested over 180,000 euros in new machines dedicated to the production of technical foam packaging. Our procurement policy consists of actively seeking and prospecting to increase our portfolio with new products. Although the market is marked by instabilities and the supply chain is subject to external pressures, we will continue to invest and identify new business opportunities to strengthen the concept that defines us, that of a complete packaging provider – provider of complete solutions for packaging”, explains Daniel Vaum, Procurement Manager within the INATECH Group.
The INATECH Group, which includes the divisions INATECH Packaging (provider of complete packaging solutions), iFOAM AG (manufacturer of customized packaging), and ISOTECKLINE (provider of professional insulating materials for construction), recorded a turnover of 8.5 million euro last year, after a 7 percent organic growth of the business, close to the set objectives, maintaining the annual growth rate.
Most of the business, at 80 percent, is represented by B2B sales, and the main source of growth for the three divisions included the development of customized solutions, able to adapt and scale according to the size and requirements of each client’s business.
In 2023, INATECH entered the segment of recycling and processing plastic waste for the production of recycled granule raw material, necessary for product protection, as part of the sustainability strategy of the whole group.