“Retail sales grew 40% and the factories held by Romaqua Group work at 100% capacity”, according to company representatives.
Romaqua Group has some 2,000 employees working at its plants in Bucharest (for plastic preforms), in Busteni (for Aquatique and Giusto brands), in Borsec (for Borsec natural sparking water brand and Giusto soft drinks), in Stanceni (for Stanceni water brand) and in Lancram (Alba County) for Albacher, Dorfer beer brands etc.).
Romaqua Group is the largest Romanian-held entrepreneurial business, held by Nicolae Palfi and Octavian Cretu, on the beverages market, where it competes against giants Coca-Cola HBC, Ursus, Heineken and PepsiCo.
Romaqua Group, the largest Romanian business in the beverages industry, ended 2018 with a record net profit of RON96.4 million (EUR20 million), up 34% on the year, as per Finance Ministry data, and a turnover of RON823 million (EUR178 million), up 13% versus 2017. In the past five years, the company’s sales grew nearly 50%, according to ZF calculations.