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BAKERY

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Mopan Suceava Ends 2021 with RON97.7M Turnover, Up 13%
Companies

Mopan Suceava Ends 2021 with RON97.7M Turnover, Up 13%

Romanian-held milling and bakery company Mopan Suceava ended 2021 with RON97.7 million turnover, over 13% higher year-on-year, the highest level so far, while net profit doubled, to RON12.5...

Florentina Nițu · 04.04.2022 · 10:43 · 1 min
Lidas Starts Building Second EUR46M Bakery Factory
Companies

Lidas Starts Building Second EUR46M Bakery Factory

Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered b...

Mirabela Tiron · 21.01.2022 · 09:43 · 1 min
Boromir Seeks to Get 15% of Revenue from Exports by 2026
Companies

Boromir Seeks to Get 15% of Revenue from Exports by 2026

Milling and bakery company Boromir Ind, one of the largest in its industry, plans to have exports generate 15% of its revenue by 2026.

Loredana Frățilă-Cristescu · 12.11.2021 · 07:00 · 1 min
Bakery Company La Lorraine Set to Invest another EUR60-70M in Campia Turzii Plant
Companies

Bakery Company La Lorraine Set to Invest another EUR60-70M in Campia Turzii Plant

Belgium’s bakery group La Lorraine has invested over EUR70 million in the first two phases of the new plant in Campia Turzii and is set to invest another EUR60-70 million in the next phase.

Alexandra Matei · 08.11.2021 · 10:05 · 1 min
Simpa Invests RON1.5M in Machinery
Companies

Simpa Invests RON1.5M in Machinery

Simpa, one of the oldest bakery plants of Sibiu, majority held Maria Agarbicean (98%) and managed by Alexandru Agarbicean, is set to invest RON1.5 million in machinery to expand its activity...

Florentina Nițu · 27.10.2021 · 09:56 · 1 min
Oltina Reports RON499.4M Turnover in 2020, Up 17% From 2019
Companies

Oltina Reports RON499.4M Turnover in 2020, Up 17% From 2019

Oltina Impex Prod Com, a major Romanian-owned company in the milling and bakery industry, in 2020 posted turnover worth RON499.4 million (EUR103.6 million), 17% higher than in 2019, in line...

Laurentiu Cotu · 13.10.2021 · 10:26 · 1 min
Pampac Hit RON12.2M Profit in 2020, Up 54% YOY
Companies

Pampac Hit RON12.2M Profit in 2020, Up 54% YOY

Romanian bread and bakery producer Pambac, controlled by entrepreneur Eusebiu Gutu of Bacau, in 2020 generated turnover worth RON214.5 million (EUR44.5 million), up 15% year-on-year, accordi...

Laurentiu Cotu · 14.09.2021 · 10:10 · 1 min
GoodMills Posted 8% Growth in 2020, But Stayed in the Red
Companies

GoodMills Posted 8% Growth in 2020, But Stayed in the Red

GoodMills Romania, the maker of Raftul Bunicii flour, owned by the Austrian group of the same name, ended 2020 with turnover worth RON276 million, up 8,3% from the previous year, data from f...

Florentina Nițu · 23.08.2021 · 10:26 · 1 min
American Pan Invests EUR4M At Its Baking Pan Plant In Alexandria
Companies

American Pan Invests EUR4M At Its Baking Pan Plant In Alexandria

Low employee turnover and long-term employee retention are two of the advantages quoted by Miguel Angel Escobar Conde, senior vice president of European Finance for American Pan, which owns...

Catalina Apostoiu · 04.08.2021 · 10:21 · 1 min