Nestle on course to hit turnover worth 200m euros

The Romanian subsidiary of Swiss-based Nestle could reach sales worth 200 million euros this year, after the first nine months brought the producer a higher than forecast growth, of 25%. Nestle Romania announced sales increases of over 20% on all market segments where it operates, with the largest product categories in the company’s portfolio being instant drinks, sweets, ice cream, baby food and pet food. “In the third quarter of the year, we saw an over 25% average rise for all Nestle divisions in Romania. The positive results recorded in the summer months confirmed the upward trend of the first half of the year. We managed to remain ahead of our targets in the first nine months,” said Paul Nuber, general manager of Nestle Romania.