Alexandrion Group expects up to 16% growth rate in 2009

The producer invested €12 mln in a new factory in the central Romanian city of Brasov, Prahova County, not far from its current production unit to be turned into a warehouse, according to company officials.

The international financial crisis will be the main factor to affect the domestic alcoholic drink market, according to Christoforidis. “This crisis is affecting not only our business, but also the “state” of people and our clients, and will be the main event to impact on the sector in which we operate,” added the company’s CEO.

The value of the local spirit market is estimated at €700 mln by its main players, Alexandrion Group, Scandic, Prodal ’94, Euroavipo, and Perfect Renaissance, a 15 percent rise from 2007.