Tnuva Romania, the local branch of the most important food industry producer in Israel, has announced it expects annual sales of nearly 70 million euros in a few years, following the initiation of production at its dairy factory in Popesti-Leordeni. The company will complete the first part of the 55 million euro investment at the end of 2006 and intends to become a top player on the fresh milk products market. “The first part of our project entails a 44 million euro investment in building a new dairy factory and a farm, and will probably be completed at the end of 2006 or the beginning of 2007,” stated Yoram Israeli, Tnuva Romania chairman. ZF

Subiecte #55m#dairy#euros#oldid76418#on#spends#Tnuva