Romania – Spices

(repaid)

Pacovis AG

Projectdescription

Pacovis AG is one of the leading suppliers in Switzerland for additives, spices, enzymes, cultures, packaging and consumable materials for food processing operations.

Pacovis has been selling food additives and spices on the Romanian market through a local partner. for several years. As sales increased steadily and the partners proved to be reliable, Pacovis decided to set up a production facility in Tirgu-Mures, Romania. By doing so, the company could reduce labor costs and gain a competitive advantage in this marketplace.

The venture has a positive economic impact on the region. New jobs are created and there is a transfer of technological know-how in spice and additive production methods.

Pacovis received a credit from the SECO Start-up Fund to finance building construction and equipment in the start-up phase of the project.

Development Impact

Creation of 30 jobs