“Danone’s results in Romania create a base for the continued sustainable development of our business and for new local investments in our factory in Bucharest, social projects and the development of the yogurt category. In 2017-2018 we’re investing approximately EUR1 million in two new production lines,” said Natalia Gelstein Kiss, general manager of Danone Romania, Bulgaria, Moldova and Adriatic states.

French group Danone owns a factory in Bucharest, where it makes over one million yogurts a day. Its portfolio includes global brands such as Activia, Actimel, Danonino, and local brands Cremosso and Delicios.

Yogurt consumption in Romania remains relatively low compared with other countries, at 6.6 kg per person per year, compared with 23 kg in Bulgaria, over 10 kg in Czech Republic, or 21 kg in Sweden.

On the yogurt segment, Danone completes against Albalact, FrieslandCampina, and Olympus.

Subiecte #DANONE#TURNOVER