The company reached a net profit stood of RON7.7 million in 2024, up 17% year-over-year, and an average number of 85 employees.
Panifcom Group includes Agropan Impex companies engaged in the manufacture of bread and held by Stefan Holicov, and the Panifcom farm held by Doina Gheorghica, according to www.termene.ro. Data from Ziarul Financiar (ZF) daily show that Panifcom’s previous shareholder was Liviu Balanici.
The Group has six own stores in the city of Iasi and in 2024 the company’s management was planning to reorganize them and boost their number. Panifcom products are also sold across retail chains and the company envisages nationwide, including capital city Bucharest, as well as international expansion.
Panifcom’s portfolio includes 37 bakery products which are distributed across all counties in the region of Moldavia.
Panifcom is an integrated sustainable business that, beside its three activities, of bakery, vegetal crops and milling, has an animal farm delivering daily 100,000 liters of milk. Panifcom has a farm with 2,100 cows located in Vladeni, as per the latest data.