The company slipped into the red in 2020, posting RON12.3 million (EUR2.6 million) loss compared with a net profit of about RON671,000 (EUR142,000) in 2019, publicly available data show.

Safir produces poultry, poultry products and cold cuts. It owns four poultry farms, a slaughtering facility, a poultry product plant, a feed plant and a plant that processes the waste from the slaughtering facility.

Safir Vaslui is a local business started from scratch by entrepreneur Ghiorghi Safir 30 years ago. Ghiorghi Safir is also the father of the current chief executive officer George Safir.

(English version by Loredana Fratila-Cristescu)