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March 23, 2023

Olympus opens factory in Brasov County, worth EUR 55 M

The Greek dairy-producer Olympus, present in Romania since 1999, opened a factory in Halchiu, Brasov County, following a EUR 55 M-investment, Mediafax reports. The factory covers a surface of 25,000 sq m, has a milk reception capacity of up to 40,000 litres/hour and three production lines for yogurt, cheese and milk. The products are destined both for the internal market and for export, the main markets it targets being those in the EU and the US. Yogurts made by Olympus in the Brasov factory are already distributed in supermarkets. “Our operations in Romania, where we made the largest investment outside Greece, play a strategic role in the development of the group, being our gateway to the European markets,” the CEO of the Olympus group, Dimitrios Sarantis. The Olympus group has been present in Romania since 1999, by a milk processing factory in Baraolt, Covasna County. Between 1999 and 2011, the group invested EUR 70 M in Romania.

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