Danone Romania posts RON 16 mln profit in 2016

Danone, the world’s largest yoghurt maker, posted a  profit of RON 16 million in 2016, in Romania, while its revenues amounted to RON 479 million. 

“Danone’s business results in Romania in 2016 offer a basis for sustainable further development of the business and for local investments, including in the Bucharest factory and the development of our local partners delivering our milk. Danone remains a strong leader on the yogurts’ segment, which is our main business, celebrating 18 years of production in Romania in 2017,” said Natalia Gelstein Kiss, general manager Danone Romania, Bulgaria, Moldova and Adriatics.

Yogurt brands recorded a very positive evolution in 2016, reaching even a double digit growth.

“Yogurts will be our focus in 2017 as well. After a slower start of the year, the business is now progressing very well and we expect full year results in line with our expectations. Strong campaigns for the summer for Activia, Actimel and Danonino are ready to be launched,” added Kiss.

Over 1 million yogurts in average are daily produced in the Bucharest factory, which is using more than 55 million liters of milk yearly, in majority coming from Romanian farmers or householders.

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“Danone Romania has built a strong, solid business here, reinvesting constantly in best quality milk and our products’ quality, in local farms, in the factory and in our people,” concluded Kiss.

The company has a portfolio of tens of products, made in majority in the Bucharest factory, with fresh milk from the Romanian farmers.