PepsiCo invests 100 million US Dollar in Star Foods plant in Romania

 

The investment is to be completed by 2024, resulting in a doubling of production capacity. ”PepsiCo has been ­operating and investing in Romania for almost 30 years and we remain committed to further developing the business in the country. As a production and distribution centre for the Central and Eastern European markets, Romania is a key market in Europe. High quality agricultural products and talented people are the foundation of our business growth in the region. Now, as we implement PepsiCo ­Positive, the investments made will continue to advance our sustainability progress in Romania,” explains Silviu Popovici, PepsiCo Chief Executive Officer for Europe.

These new investments follow the completion last year of the 5-year development plan implemented in the Dragomiresti soft drinks plant, worth a total of USD 40 m, consisting of production line improvements and a fully ­automated warehouse, worth USD 15 m, on a total area of 15,000 m2 and with a production capacity of 550,000 tonnes of finished products per year. Over the past 10 years, ­PepsiCo has directly invested USD 320 m in Romania, strengthening the company's role as a regional manu­facturing and distribution hub.