“It was Radu Timis’ decision to get involved again in everything related to the executive part, to make decisions throughout the economic recession, which involved a series of elements that did not coincide with what I had established when I was appointed Vice Chairman of this group. Consequently, I thought it best to leave,” Alexandru told Business Standard.
Cris-Tim registered net sales worth €92 million in 2008 on the cold meat segment, while the group’s business amounted to some €130 mln. The local cold meat production amounts to some 230,000 tons, with the value of the market reaching €1 billion. Main competitors are Cris-Tim, Aldis Calarasi, Caroli, Campofrio, and Angst.
