The net profit stood at RON71 million, down about 5% on the 2016 level.
Last year was a good year for most companies on the beverage market, with sales growth driven by the rise in purchasing power and incomes of Romanian consumers, market actors say. The weather helped bottlers of water and soft drinks, as well as brewers for the better part of the year, as the beverage sector is known to be influenced by weather.
“The best mineral water, soft drinks and beer sales person is the sun,” said Mihaela Draghici, public relations manager with Romaqua Group.
The bottled water market stood at RON2.24 billion last year, 6.7% more than in 2016, according to the data of market research company Vektor Marktforschung.
Romaqua Grup has 2,000 employees working in its plants in Bucharest (plastic preforms), Busteni (Aquatique and Giusto), Borsec (Borsec mineral water brand and small container-bottled Giusto), Stanceni (Stanceni water) and Lancram, Alba County (Albacher and Dorfer beers among others).
(English version by Loredana Fratila-Cristescu)