BAKERY
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Vel Pitar Set to Invest Over RON40M in 2021
Vel Pitar, the leader of the local milling and bakery market, plans to invest RON43 million in technologies that will allow it to make products with a longer shelf life, without E numbers or...
Bakery Company Lidas Gets State Aid for EUR46.8M Investment in New Bread Factory
Bakery company Lidas in Tulcea County (SE Romania) plans to expand production capacity by adding a new bread factory. The total investment stands at EUR46.8 million, EUR23 million of which s...
Dobrogea Grup Invests EUR2M In New Products and Logistics Capacity
Dobrogea Grup, one of the largest milling and bakery businesses in Romania, has budgeted EUR2 million investments in 2021, after completing a more than EUR1 million investment in an automate...
Milling and Bakery Business Boromir Boosts Production Capacity
Romania’s largest milling and bakery business Boromir has invested EUR8 million in boosting grain storage capacity and corn flour and bread production capacity to meet rising demand, its off...
Panemar Bakery and Pastry Chain Posts RON89M Sales in 2019
Panemar, a bread and pastry brand established by entrepreneur Nicolae Chiorean in Cluj in 1993, posted 89 million lei sales in 2019, an increase of 17% on the previous year, Finance Ministry...
Vel Pitar Invests Over RON50M in Upgrading Plant in Iasi
Vel Pitar, the leader of the local milling and bakery market, is investing more than 50 million lei in upgrading its plant in Iasi and expanding the product range, the company officials say.
Bakery Company La Lorraine Exports 17% of Its Production
Par baked bread and pastry company La Lorraine exports 17% of its production directly and indirectly to Europe, shipping two trucks of small 35-gram buns alone a week, says general manager R...
Pain Plaisir Invests EUR160,000 In Relocating Its Bakery In Bucharest’s Dorobanti Area
Artisanal bakery Pain Plaisir, a business established seven years ago by two Romanians and a Brit, has announced the completion of works to relocate its bakery in Bucharest’s Dorobanti area...
Dobrogea Grup Revenue Up 2.5% To RON170M in 2019
Dobrogea Grup, one of the largest milling and bakery businesses in Romania, posted almost RON170 million revenue in 2019, an increase of 2.5% on 2018 and about RON1.4 million net profit, 27%...