|
The experience of GRANIT covers almost all segments of the industry: Packing, papermaking for school, office and mailing, printing house and publishing. The paper and cardboard packaging segment is strongly related to the industrial production level. Waste management, productivity, alternative materials usage, competition, food safety and tampering, packing differentiation, consumer confidence, changing consumer trends and tighter legislation are also at the agenda of the industry.
The companies hit direct or indirect by global economic crisis, rapid technological developments, insufficiency of working capital, and increasing competition in the markets. Decelining demand has caused reduce in capacy usage and production levels. The companies are also under the pressure of increasing finance costs. Moreover, due to devaluation cost of imported raw materials and semi-finished goods are increased. Demand from export markets is also declining due to global crisis and competition in the markets.
|