17m euro investments in Danubiana

Agrana Romania has made 17 million euro investments in its Roman-based factory thus far. The investments mainly targeted the modernisation of the manufacturing and product distribution process, as well as compliance with the European environmental standards. Production cost cutting was also considered. “We managed to reduce the power consumption by 50% and we may say that as far as costs go, we are competitive European Union-wide,” stated Iulian Antoniu, the general manager of the factory in Roman. The industrial clients of the sugar factory include Nestle and Coca-Cola. Agrana Romania, the branch of the Austrian Agrana Zucker Group, is the largest maker of sugar in Romania, with about 35% in market share. Besides the factory in Roman, the company also owns two more facilities in Buzau and in Tandarei. The total investments Agrana Romania has made until now amount to 50 million euros. ZF