Romanian producer Rio Bucovina wants 14% increase in sales on back of long, hot summer

23 May 2012

Romanian bottled water producer Rio Bucovina hopes to have EUR 30 million in turnover at the end of this year, a growth of 14 percent on 2011. The company hopes that the long, hot summer will push consumption up and help the market grow by up to 7 percent, above the initial 3 percent increase estimation, according to Camelia Hoinărescu, marketing manager of Rio Bucovina.

Last year's turnover for the company – of some EUR 25 million, was below the company's 2011 estimates, but it was achieved “ in a difficult economic context and in very competitive market conditions,” said Hoinarescu.

editor@romania-insider.com

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Romanian producer Rio Bucovina wants 14% increase in sales on back of long, hot summer

23 May 2012

Romanian bottled water producer Rio Bucovina hopes to have EUR 30 million in turnover at the end of this year, a growth of 14 percent on 2011. The company hopes that the long, hot summer will push consumption up and help the market grow by up to 7 percent, above the initial 3 percent increase estimation, according to Camelia Hoinărescu, marketing manager of Rio Bucovina.

Last year's turnover for the company – of some EUR 25 million, was below the company's 2011 estimates, but it was achieved “ in a difficult economic context and in very competitive market conditions,” said Hoinarescu.

editor@romania-insider.com

Normal
 

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