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Tagg: investment

Greek Olympus invests in Romania

Olympus, one of the biggest dairy producers in Romania, has invested €20 million in a new production line at its factory in Halchiu, near Brasov.

Romania-Insider reports that the new production line will allow the company to expand its local product portfolio with a new yogurt brand, Stragghisto, based on a traditional Greek yogurt recipe.

The new yogurt has the lowest lactose and highest protein contents of all similar products on the market due to the advanced production technology, according to the company.

Danone invests €240 million in new facility for baby food

Danone announces that it is investing €240 million to build a new plant for its Early Life Nutrition business. With this investment, Danone will capitalize on strong and growing demand for its international early life nutrition brands, including Aptamil and Nutrilon, for both standard and specialized products. The state-of-the-art facility will be built in Cuijk in the Netherlands, and will start production in late 2017.
This new plant is Danone’s largest investment in its European production capabilities, and will double its capacity in the Netherlands. Output will be exported to more than 80 countries worldwide.

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