BREAD
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Piinea de Casa Opens New EUR4M Plant, Wants to Expand Countrywide
Mures-based Piinea de Casa has completed the EUR4 million investment in a new bread factory, built in Sangeorgiu de Mures, 6 km away from Targu-Mures, according to Bela Kovacs, the manager of the business, who adds he plans to expand the business countywide.
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...
Bread Price in Romania Is Almost Half the European Average, the EU’s Lowest Level
The price of bread in Romania is almost half the European average, more exactly at 56%, in line with Eurostat data.
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...
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...
Eurostat: Romania Had Lowest Bread And Cereal Prices In The EU In 2018
Romania registered the lowest price levels for bread and cereals in 2018 (half the EU average, with a price level index of 54). Eurostat data showed Monday.
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...
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...
Romanians Saved EUR500M In Two Years After VAT Cut On Bread - Rompan
Romanians saved EUR500 million in two years after the the the sales tax on bread was lowered, Aurel Popa, head of the association of milling and bakery companies Rompan, told “MEDIAFAX Talks...