BAKERY
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Oltina Revenue Down 32.1% To RON490.6M In 2024
Oltina Impex Prod Com, one of Romania's largest milling and bakery businesses, posted RON490.6 million (EUR98.6 million) revenue in 2024, down 32.1% from 2023’s RON722.9 million (EUR146.1 million), according to ZF calculations based on information from the Fin...
Bakery Producer Lidas Sees Revenue Up Almost 50% To RON 163.5M In 2023
Lidas, a company held by entrepreneur Elena Anastase, which owns an industrial bakery in Mineri, Tulcea County, and its own network of stores, posted RON163.5 million (EUR33 million) revenue...
Boromir Expects EUR160M Revenue In 2023
Industrial bakery business Boromir expects to end 2023 with EUR160 million revenue. However, it seeks fast-paced growth in the future, to reach the EUR500 million revenue mark.
Exonia Takes Over Assets Of Former Bakery Plant In Iasi
Biodegradable packaging maker Exonia, a business controlled by entrepreneur Tiberiu Stoian, will be taking over the assets of the former bakery plant in Romania's northeastern city of Iasi.
Mexican Grupo Bimbo Officially Announces Entry Into Romania
Mexican Grupo Bimbo, one of the world’s largest bakery companies, officially announces its entry into the Romanian market following the acquisition of local company Vel Pitar from U.S. inves...
Lantmännen Unibake Romania Set To Invest EUR100M In New Plant
Lantmännen Unibake Romania, the local division of Sweden’s Lantmännen Unibake, plans to build a production unit from scratch where it will produce bread specialties.
Bakery Producer Pambac Doubles Profit to RON27.5M in 2021
Romanian-held bakery producer Pambac posted more than RON263 million (EUR53.5 million) revenue in 2021, up 22.6% compared with the previous year’s RON214.5 million (EUR44.3 million), accordi...
Lidas Ends 2021 with RON86.6M Turnover, Up 12.5% YOY, Aims for 10% Growth in 2022
Tulcea-based Lidas, owned by entrepreneur Elena Anastase, which owns a bakery plant in Mineri locality of Tulcea, but also its own store network, in 2021 generated turnover worth RON86.6 mil...
Oltina Ends 2021 with Nearly RON1B Turnover, Double 2020 Level
Urlati-based bakery producer Oltina Impex Prod Com, set up in 1994, ended 2021 with turnover of RON998.8 million, double the 2020 level.