GoodMills Romania estimates an operating profit worth RON5.4 million in the financial year 2014/2015, from RON14.4 million losses a year before. Its turnover is seen at RON329.5 million (EUR74.5 million), compared with RON314.5 million in fiscal year 2013/2014.
The company will also extend the loan facility worth EUR13 million granted by Alpha Bank.
GoodMills Romania is indirectly controlled by financial group Raiffeisen, through Goodmills Group. Former milling and bakery company Titan was renamed after its majority shareholder in October 2014.
In January 2014, the majority shareholder delisted the company from Bucharest Stock Exchange.