Cris-Tim entrepreneurial company, the producer of the famous Saxon Salam, prepares the listing on the Bucharest Stock Exchange in the next period in which it will diversify its financing sources for development in the coming years, including plans to become a regional player. ZF sources indicate the company's evaluation between 280 million euros and 330 million euros for a company with revenues of 220 million euros and a net profit of 17.6 million euros. «We have developed so far with our money and banks' money. Today I am in a position to attract capital and to develop further. We have 3 factories only in the sausage area with a production capacity of 215 tonnes per day. We want to produce for the countries around Romania. Timiş, next to CEO Radu Timiş Jr. and Răzvan Furtuna, CFO, attended a conference on which they presented the listing plans. The CEO says that «Salam Saxon-the best-selling product in the processed meat market in Romania since 2002; we export to 18 European countries and we intend to become a regional player in 20 years. In 2024 we delivered 41,000 tonnes of finished product, sausages and Ready Meals, composed in 375 articles. We are an integrated business. Distribution, sales. ”
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