The company registered turnover of EUR40 million in 2012 and expects sales will increase to EUR55 million this year, Olympus general manager Ilias Pliatsikas said. This is the first year the company will see net profit in Romania, he added.
Two years ago, Olympus opened a plant in Halchiu, Brasov county, in which it has invested EUR70 million so far. The plant produces milk, cheese and yoghurt and some 80% of production is exported. The unit employs 180 people.
The company recently entered the bio yoghurt segment and expects sales of 5 tons per week. Products will be 30%-40% more expensive than conventional yoghurt and will be sold only locally, Pliatsikas said.
Olympus is headquartered in Greece and is present in Romania since 1999. It operates five plants, in Greece, Bulgaria and Romania, where it produces dairy products and natural juice.