BAKERY
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Retail Bakery Chain Panemar Bets on Expansion
Retail bakery chain Panemar established by entrepreneur Nicolae Chiorean is taking its first step outside Cluj County by opening a store in Oradea.
Vel Pitar Invests In New Industrial Bakery In Bucharest
Bakery goods producer Vel Pitar, held by private equity firm Broadhurst, will build a new industrial bakery in Bucharest this year, following an over 12 million lei (EUR2.6 million) investme...
Romanian-Owned Panemar Makes RON64M Revenue From Bakery Business
Entrepreneur Nicolae Chiorean established bread and pastry company Panemar in Cluj in 1993 and took it to 64 million lei (EUR13.7 million) sales in 2017, up 18% year-on-year, and an average...
Fornetti To Expand To 800 Pastry Shops
Fornetti Romania, the company that has the biggest pastry shop chain in Romania, has 702 franchised stores at the moment and wants to open 80 more by yearend.
Farinsan: Consumption Of Bread And Bakery Products Up, Driven By Imports
The local bakery industry cannot be competitive with other markets in the region mainly because of the logistics and transportation costs, which led to a rise in imports, especially of froze...
Eden Capital Development To Buy Site Of Industrial Bakery On Calea Plevnei In Bucharest
Eden Capital Development, the developer of Cortina Residence complex in Baneasa, northern Bucharest, is about to buy a 2.8-hectare plot of land of the industrial bakery on Calea Plevnei in t...
Vel Pitar: Romanian Bakery Industry Profitability EU’s Lowest
Average bread price in Romania is the lowest in the European Union, while costs (power, flour etc.) are the same as in the EU countries, which hurts the bottom line, says Dan Trifu, vice-pre...
Frozen Bakery Products Company La Lorraine Boosts Production Capacity By 50%
La Lorraine Romania, a leading frozen bakery products company, expects revenue to go up by 25% to 30% to about EUR20 million this year.
Lantmännen Unibake Says Frozen Bakery Products SA Is A Strategic Acquisition
Sweden’s Lantmännen Unibake bakery group, which bought Frozen Bakery Products SA, says this is a strategic acquisition for the group that wants to turn the local market into an export hub. T...