Centro Pack invested in modernizing its production process to improve production capacity and expand its range of high-quality products.
Centro Pack is an Egyptian SME, which specializes in producing, manufacturing, and printing flexible packaging materials. As part of the local value chain, it supplies its products to local clients. The company owns a printing facility in Obour City, Qalyubia Governorate and sells its product to a diverse mix of clients in various industrial sectors such as Skoda from the automotive sector as well as Americana, El-Malki and Atyab from the food and beverage sector.
The Company invested in a new highly productive Rotogravure Printing Press that delivers superior performance over a variety of flexible plastic materials. It offers a higher printed-image resolution compared to the old printing machinery, due to its high and stable image quality. The new investment helped Centro Pack expand its business activities and reach new clients by increasing its production capacity and improving the final product quality, compared to its previous practices.
The VC team assessed the technical and financial feasibility of the project, provided advice to the company on the best available technologies and performed an evaluation of the different operational steps. The assessment confirmed that the investment will enhance the performance of Centro Pack’s operations, which will enable the company to increase production output and expand its product range.
The total investment of US$ 338,556 will allow the Company to introduce a new product of higher quality and increase its production capacity, increasing its competitiveness and thus enabling it to increase its sales and market share.
The Egypt Value Chain Financing Facility was developed by the European Bank for Reconstruction and Development (EBRD) and is financially supported by the European Union (EU) and the EBRD Shareholder Special Fund (SSF).
GVC/VC Sub-borrowers receive an investment incentive for successful project implementation, provided by a grant from the EU.
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