Philips Orastie posted more than RON1.1 billion (EUR231.8 million) revenue, a net profit of RON42.5 million (EUR8.8 million) in 2020 and had an average number of 1,445 employees, the latest publicly available data from the Finance Ministry website show.
Launched on the market about 21 years ago, the plant manufactures coffee makers under the Philips brand and oral care devices under the Sonicare brand in Hunedoara County, according to the latest data.
The Romanian plant, which Philips got from Italy’s Saeco in 2009, is one of its two production facilities in Europe specializing in automated coffee machines, the Dutch group has previously said.
(English version by Loredana Fratila-Cristescu)