September 20 (SeeNews) - Greek dairy producer Olympus, part of the Hellenic Dairies Group, said on Wednesday that it is investing more than 40 million euro ($42.7 million) in a logistics centre near the central Romanian city of Brasov.
The centre, currently under construction, is part of Hellenic Dairies Group's expansion strategy in Romania and the region, Olympus said in a press release.
The hub will service the local market and the countries where Olympus' dairy goods made in Romania are exported, such as Germany, Italy, France, Britain, Bulgaria, and Serbia, while streamlining the company's storage and distribution procedures to consume less time and energy. It will have a built surface of 13,500 sq m and is due for completion by the end of 2024.
"At the same time, this investment aligns with our sustainability strategy, focused on reducing our carbon footprint, creating environmentally friendly packaging and recycling," said Adrian Cornea, plant manager at the Olympus dairy factory in Brasov.
Olympus has been present in Romania since 1999. In 2011, the company inaugurated a dairy factory in Brasov.
($=0.9349 euro)