PepsiCo invests 100 million USD in its factory in Popesti-Leordeni
PepsiCo announces a 100 million USD investment in three new operational production lines and a new automated warehouse, automation capabilities, and a new master plan at the Popesti-Leordeni factory. The investment is to be completed by 2024, resulting in doubling production capacity.
„We are pleased to announce a new investment in our snacks factory in Popesti-Leordeni. PepsiCo has been operating and investing in Romania for almost 30 years, and we remain committed to advancing our business in the country. As the production hub for surrounding Central and Eastern European markets, Romania represents a critical market in Europe. High quality agricultural products and talented people are at the heart of our business growth in the region. Now, as we drive PepsiCo Positive throughout the business, our investments will continue to advance our sustainability progress in Romania”, said Silviu Popovici Chief Executive Officer Europe, PepsiCo.
These new investments are coming after last year’s finalization of the 5-year development plan implemented in the Dragomiresti soft drinks plant of a total of 40 million USD, consisting of production lines improvements and a fully automated warehouse, with a value of 15 million USD in a total surface of 15,000 sqm and 550,000 tons of finish goods yearly. In the last 10 years, PepsiCo has directly invested 320 million USD in Romania.