It also made RON114.1 million (EUR23.1 million) net profit, 1.7% lower than in 2021 and ended 2022 with 1,438 employees on average, 114 more than the year before.

Maspex produces non-alcoholic ready to drink beverages (Tymbark, Tedi, Ciao), instant products (La Festa), sweet and salty snacks (Salatini, Rollini d’Oro) and pasta (Amos) in its Valenii de Munte plant as well as other foods and the plant in Vatra Dornei bottles Bucovina water. The group has a production facility in Giurgiu, too. Its brands also include Nestea, Nemo canned fish products, as well as Valenii de Munte tomato-based products.

Maspex Group also owns Rio Bucovina, which posted RON143 million revenue and more than RON1.2 million net profit.

Maspex Romania is part of Poland’s Maspex Wadowice, one of the largest food groups in Central and Eastern Europe.

(English version by Loredana Fratila-Cristescu)