“We expect Macromex to reach a turnover of RON750 million in 2020, up 4% on the year”, the company CEO, Dragos Holban, told Ziarul Financiar.

Macromex is one of the largest players in the Romanian food industry, boasting an extended portfolio of brands such as Edenia, Corso, La Strada, Azuris, as well as partner brands: Philadelphia, La Lorraine, Farm Frites, Akadia, Taverna, Oldenburger, Milram, Dr. Oetker (Inedit, Paula), Mars Ice Cream, Alpro Ice Cream.

Dragos Holban expects the food market to continue its growth, but a more moderate growth, below the levels registered in the last two years, because the growth rates have decreased constantly over the last two years.

The minimum gross wage grew to RON2,100 starting January 1, 2020 (a net RON1,275 per month, from RON2,000 (a net RON1,219) in 2019. In 2017, the minimum net wage pe month was RON1,065 per month.

Despite a slowdown in the consumption growth, Macromex continues its investments. The company aims to invest in renewing its car fleet in 2020, namely, vehicles and state-of-the-art logistics and IT equipment.