The company is also selling several warehouses and some office space it had in counties like Timis, Cluj and Ilfov, according to the same source.

“We would like to confirm that the properties Nestle Romania put up for sale are located in Glina (Ilfov County), Cluj Napoca (Cluj County) and Bihor Country. These properties are former warehouses,” says Raluca Radu, corporate affairs specialist with Nestle.

“The biggest is the warehouse in Glina, which covers 6,760 square meters. We are now in talks for each available property but do not have a deadline set for completing the transactions.”

The company has had these warehouses for about a decade, since the Swiss group took over Greek ice cream producer Delta Ice Cream, which had a plant in Romania in Bucharest, as well as several warehouses throughout the country. Nestle stopped making ice cream in Romania in 2008. The company, which posted about 645 million lei (EUR144 million) revenue last year still has a left in Timisoara, where it makes Joe wafers mainly.

The decision to sell the warehouses comes after Nestle decided to stop direct distribution of ice cream and sign a contract with a specialized company.

(English version by Loredana Fratila-Cristescu)