Last year, the company sold 160 million liters of water and soft drinks on the local market.

“Although the turnover was higher, the company’s profit fell slightly because we made big investments last year in technology and expansion,” said Daciana Siderache, Calipso general manager.

In 2015, Calipso registered a net profit of RON7 million, according to Finance Ministry data.

For 2017, Calipso plans to continue investments in modernization and streamlining the production capacity. The company will also invest over EUR2 million in the diversification of product portfolio and the expansion of retailers network.

The company, established in 1991, had a turnover of approximately RON45 million and over 140 employees in 2015.

Calipso has invested so far over EUR12 million in production, including the project for the expansion of the bottling capacity, finalized this year.