In the 2008-2013 period, the Greek-held company that owns a production unit in Romania saw revenue rise by almost 40%, positioning it as one of the biggest players on Romania’s confectionery market. At the same time, the company’s profit in 2013 climbed to RON2.9 million, up three times against the previous year, when the company’s gains plunged by 95% from 2011.
Chipita is one of the largest Greek groups present in Romania’s food industry beside dairy producer Olympus, snacks producer Best Foods or Ifantis, a producer of cold cuts.
Chipita, which owns a production unit in Clinceni, near Bucharest, had almost 800 employees at the end of last year, around 100 more than in 2012.
The producer’s portfolio includes brands 7Days, Fineti, Chipicao, 7Days Cake Bars or Bake Rolls, which are distributed both domestically and abroad in over 50 countries.
(English version by Catalina Apostoiu)