Fabka Group is owned by Lebanese businessman Serge Karam Bou (50%) and Pioniconstruct (50%), which in its turn is held by Ionica Popescu.
Fabka Group in 2020 generated turnover worth RON22.6 million (around EUR4.5 million), up 5% on the year, and RON98,000, half the 2019 level, with over 130 employees. The plant in located in the center of Baragan, 140 km away from Bucharest, in one of Romania’s most fertile areas.
The vegetable and fruit can plant was founded in 1968. It spans a 200,000-sqm area and includes around 40,000 square meters of buildings, as well as 13 farms.
The story of Annabella started four years after the revolution, with a store selling fruit and vegetable. It is now a business with almost 100 stores in three counties of southern Romania. In 2020, the group posted turnover of above RON340 million, 9% higher on the year.
Besides retail, the company is also active in the agriculture field, producing part of the quantity of vegetables and fruit it sells, but also produces cans for Annabella Fabrica de Conserve Raureni, under Raureni brand.
(English version by Catalina Apostoiu)