The investment budget is almost twice as high as the 2022 one and more than twice the 2021 one.

In Romania, the giant has just a coffee machine and oral hygiene products plant which it took over in 2009 from Saeco, a company bought by Philips.

The Orastie plant ended 2022 with record high turnover, of around RON1.5 billion, up 9% from 2021 and double the 2018 level. The upward trend is set to continue, with an increase of 10.8% being budgeted for 2023.

(English version by Catalina Apostoiu)