Thus, the company returns to overshooting the RON1 billion turnover mark reached in 2019. Also, its net profit stood at RON66 million in 2021, 12-fold higher than the level recorded in 2020.
Quadrant Amroq Beverages is the second largest actor on the soft drinks market and a direct competitor of Coca-Cola HBC Romania, the leader of the local soft drinks market. The portfolio of PepsiCo beverages in Romania includes brands such as Pepsi, 7Up, Mirinda, Lipton, Mountain Dew, Gatorade, Evervess Tonic and Rockstar. PepsiCo has two divisions operating in Romania – beverages and snacks. Quadrant Amroq Beverages represents the beverage division in Romania and Star Foods EM represents the snacks division.
PepsiCo entered the Romanian market in 2004, but the brand has present on the local market since the communist period.