“We are market leaders on 3 of the 10 markets that we operate: baby and kids food, with a 58% market share; breakfast cereals market, with a market share of 48.1% and instant coffee market, with a 35.8% market share. This has triggered our optimism and confidence for 2016: we are confident that this growth will continue,” the company said.
Nestle owns a plant in western Romanian city of Timisoara, where it produces Nescafé coffee, JOE waffles, as well as other brands of waffles.
Nestlé has invested so far over EUR10 million in its plant in Timisoara, opened in 2000, and employs over 300 people.