VEL PITAR
11 articole · RSS
Bakery Market Leader Vel Pitar Sees Revenue Overshoot RON1B Mark In 2025
Vel Pitar, the largest player in the bakery market, ended 2025 RON1.03 billion revenue, up nearly 13% from the previous year, Finance Ministry data show.
Romania's Antitrust Body Clears Takeover Of Karamolegos Bakery Romania By Vel Pitar
Romania's Competition Council has authorized the transaction by which Vel Pitar SA intends to take over Karamolegos Bakery Romania SRL.
Vel Pitar Budgets EUR20M Development Investments for 2024
Vel Pitar, Romania’s largest bakery producer, taken over last year by Mexican group Bimbo, has budgeted EUR20 million investments for this year in development and plans to add new product ca...
Deloitte Romania Assisted Grupo Bimbo With Entry On Romanian Market Via Acquisition Of Local Leader Baker Vel Pitar
Deloitte Romania has assisted Mexican bakery company Grupo Bimbo, the global leader in the market, with the acquisition of the local leader baker Vel Pitar from U.S. private equity fund NCH...
Mexican Group Bimbo Takes Over Vel Pitar in Deal Put at EUR200M
Grupo Bimbo, a Mexican multinational, considered one of the biggest businesses in the global bakery production, has acquired Vel Pitar group, the leader of Romania’s bakery market, controlle...
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...
Vel Pitar Turnover Grows 15% in 2019, to RON509M
Bread and bakery goods producer Vel Pitar, held by private equity firm Broadhurst, posted a turnover of RON509.2 million in 2019, up 15% on the year, finance ministry data showed.
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...
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...