Investments targeted the acquisition of a machine which cost EUR500,000 and helped the company reduce the quantity of PET waste by approximately 60 tons per year. They also targeted the modernization of the electricity supply of the company’s factory through a nine-km long underground cable, whose costs rose to EUR550,000. Calipso general manager Daciana Siderache said this investment allows the company to save nearly EUR70,000 per year.
Siderache expects a nearly 22% year-on-year increase in turnover in 2017. In 2016, the company reported a turnover of nearly RON50 million (nearly EUR11 million), according to Finance Ministry data. In 2016, the company’s profit reached RON5.7 million and the average number of employees stood at 144, according to the same source.
Calipso distributes over 90% of the total water produced at its factory in Afumati, to the retail sector.