“Here, we have stability”, said Miguel Angel Escobar Conde. If well-paid and well-treated, people do not leave, they stay and retention is higher. We are investing in human capital as we want to grow in Europe. We want to double our sales in the next three years and for this we need well-trained people, added Miguel Angel Escobar Conde, showing Romania is the company’s expansion base in Europe.
American Pan had a turnover of almost EUR18 million in 2020, down 15% on the year, as the hospitality industry across Europe was affected by the COVID-19 pandemic.
American Pan is part of Bundy Baking Solutions, with EUR75 million turnover annually.
(English version by Catalina Apostoiu)