Coca-Cola HBC Romania, which has three plants in Romania, posted RON2.4 billion revenue in 2020 and Quadrant-Amroq Beverages posted RON947 million net revenue, below the RON1 billion it had posted in 2019, Finance Ministry data show.
Coca-Cola HBC Romania officials say the instability of the food service and hotel sector was one of the biggest challenges the bottler faced last year and is still feeling it right now, because “tens of thousands of customers are still significantly affected by the restrictions put in place for everyone’s safety.”
Coca-Cola HBC’s net profit shrank 14% to RON335 million year-on-year. Quadrant-Amroq Beverages’ went down more than 13-fold to RON5.4 million.
Romaqua Group, the largest actor on the Romanian mineral water and beer market, saw flat revenue (RON841 million compared with RON843 million in 2019).
The top ten NARTD actors to have posted decline also include European Drinks (2.3% to RON253 million), which bottles Izvorul Minunilor, La Fantana (7.8% to RON212 million) and Perla Harghitei (7.1% to RON117 million).
Some of the top ten companies posted significant growth in 2020, such as Carpathian Springs of entrepreneur Jean Valvis. The bottler of Aqua Carpatica posted growth of 33% year-on-year to RON379 million revenue.
Maspex, which sells Tymbark and Tedi, saw growth of 6.5% to RON685 million revenue and Alconor Company’s revenue was 16.8% higher, reaching RON139 million.
Red Bull Romania posted growth of 2% in revenue to RON100 million in 2020.
(English version by Loredana Fratila-Cristescu)