The company has invested a total EUR55 million in the production facility so far. The plant spans over a total 25,000 square meters.
Right now, 80% of the output at the Romanian plant is meant for international markets. Last year, the company posted sales of EUR22.6 million.
The Olympus group is active in Romania since 1999, through a milk processing unit in central Romania. Between 1999 and 2011, the group has invested EUR70 million in Romania. In addition, the company holds a 23% stake in dairy processor Prodlacta Brasov.
Shareholders of the Black Sea Trade and Development Bank include 11 countries in the region. Romania holds a 14% stake in the bank.