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URBB posts record production figure in 2017

United Romanian Breweries Bereprod (URBB) registered a record production figure exceeding two million hectolitres for the period January-November 2017, representing a 10 per cent increase year-on-year.

2017-11-20 12:48:02

The consolidated turnover of the URBB group increased by 12 per cent year-on-year to 650 million RON (144 million Euro).

"Our achievement this year will serve as a point of reference for the future, given that in 2017, we made considerable investments that resulted in an excellent market response, reflected positively in the company's financial performance," said Shachar Shaine, URBB president.

One of the pillars of investment for URBB is represented by the increase of its annual production capacity from 2.1 million hectolitres in 2016 to 2.4 million currently. The company's investment budget for 2017 stood at over 10 million Euro.



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