For 2022, the company has budgeted 14% sales growth, so that turnover is likely to revolve around RON920 million, in line with ZF calculations.
“Challenges for the coming period are still related to rapid adjustment to the current situation, focusing on consumers’ needs and maintaining quality standards,” said Maspex representatives.
Maspex Romania, part of Poland’s Maspex Wadowice, last year had a RON46 million investment budget and the company’s management says it aims to invest further.
Maspex Romania’s portfolio includes natural mineral water and spring water (the Bucovina and La Vitta brands), pasta (Arnos brand) and canned fish (Nemo brand).
Maspex Group has a total 1,800 employees and also owns the Rio Bucovina company, whose portfolio includes the Bucovina water brand, one of the best-selling brands on the natural mineral water segment. In 2019, Rio Bucovina reported a turnover of RON90 million (EUR19 million).
At its factory in Valenii de Munte, Maspex produces juice (Tymbark, Tedi, Ciao and Figo brands), instant products (La Festa brand), sweet and salty snacks (Salatini, Rollini d’Oro brands) and pasta (Arnos brand).
At its factory in Vatra Dornei, it is bottling the Bucovina water. Maspex also has a production unit in Giurgiu County.
(English version by Catalina Apostoiu)