Year 1998. The second attempt for the company’s privatization this time is successful. The new vigorous and insightful administration sets the path: “persistence in quality – social responsibility”.

The company, after completing the two first structural investment circles, defines the future targets.

It inaugurates a new era of extroversion by participating in international organizations of the sector, in non profit institutions which are promoting the use of environmental friendly packaging materials by being leading part in the founding of PROCARTON HELLAS.

MEL S.A. in numbers:

• The turnover of the company quadrupled in the last 5 years overcoming the 41 mil. Euros
• The annual production well exceeded the 90.000 tons.
• Sales are running to 90.000 tons with the 37% of which in exports mostly in the E.U.