The most important markets for the company, after Romania, are Germany and the US.
“We exports more than half of what we produce. What we managed to do is to prove it can be done. It took us eight years to break this myth that if you come from Romania or eastern Europe there’s a problem,” says Eliodor Apostolescu, owner of Phoenix Y.
The company in 2020 generated turnover of almost RON147 million, a record high level, and RON15 million net profit. Gusto corn puffs reach over 30 markets, with the company having a total number of 500 products in its portfolio.
(English version by Catalina Apostoiu)