“This year’s revenues are similar with those of 2020, but profit has been hurt as we could not keep up with the rising raw materials and utilities prices. (…) 2022 will be an unpredictable year and the first half will undoubtedly be challenging,” said Victor Ancuta, general manager of Derpan. He is the son of Emil Ancuta.

The company ended 2020 with turnover of around RON42 million. The company’s officials in early 201 said they wanted a 30% increase, which would have meant revenues of above RON50 million.

The croissant market is valued by ZF at RON250-300 million. Derpan has a two decade-experience on the market and a production capacity of 250,000 croissants per day in its two plants of Galati.

(English version by Catalina Apostoiu)