04.04.2022

Romanian-held milling and bakery company Mopan Suceava ended 2021 with RON97.7 million turnover, over 13% higher year-on-year, the highest level so far, while net profit doubled, to RON12.5 million. more

01.21.2022

Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered by state more

11.12.2021

Milling and bakery company Boromir Ind, one of the largest in its industry, plans to have exports generate 15% of its revenue by 2026. more

11.08.2021

Belgium’s bakery group La Lorraine has invested over EUR70 million in the first two phases of the new plant in Campia Turzii and is set to invest another EUR60-70 million in the next phase. more

10.27.2021

Simpa, one of the oldest bakery plants of Sibiu, majority held Maria Agarbicean (98%) and managed by Alexandru Agarbicean, is set to invest RON1.5 million in machinery to expand its activity. more

10.13.2021

Oltina Impex Prod Com, a major Romanian-owned company in the milling and bakery industry, in 2020 posted turnover worth RON499.4 million (EUR103.6 million), 17% higher than in 2019, in line with more

09.14.2021

Romanian bread and bakery producer Pambac, controlled by entrepreneur Eusebiu Gutu of Bacau, in 2020 generated turnover worth RON214.5 million (EUR44.5 million), up 15% year-on-year, according to ZF more

08.23.2021

GoodMills Romania, the maker of Raftul Bunicii flour, owned by the Austrian group of the same name, ended 2020 with turnover worth RON276 million, up 8,3% from the previous year, data from financial more

08.04.2021

Low employee turnover and long-term employee retention are two of the advantages quoted by Miguel Angel Escobar Conde, senior vice president of European Finance for American Pan, which owns a baking more

06.01.2021

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 more

03.26.2021

Bakery company Lidas in Tulcea County (SE Romania) plans to expand production capacity by adding a new bread factory. The total investment stands at EUR46.8 million, EUR23 million of which state aid, more

03.10.2021

Dobrogea Grup, one of the largest milling and bakery businesses in Romania, has budgeted EUR2 million investments in 2021, after completing a more than EUR1 million investment in an automated frozen more

12.14.2020

Romania’s largest milling and bakery business Boromir has invested EUR8 million in boosting grain storage capacity and corn flour and bread production capacity to meet rising demand, its officials more

09.22.2020

Panemar, a bread and pastry brand established by entrepreneur Nicolae Chiorean in Cluj in 1993, posted 89 million lei sales in 2019, an increase of 17% on the previous year, Finance Ministry data more

09.04.2020

Vel Pitar, the leader of the local milling and bakery market, is investing more than 50 million lei in upgrading its plant in Iasi and expanding the product range, the company officials say. more

08.18.2020

Par baked bread and pastry company La Lorraine exports 17% of its production directly and indirectly to Europe, shipping two trucks of small 35-gram buns alone a week, says general manager Razvan more

06.22.2020

Artisanal bakery Pain Plaisir, a business established seven years ago by two Romanians and a Brit, has announced the completion of works to relocate its bakery in Bucharest’s Dorobanti area to a new more

05.15.2020

Dobrogea Grup, one of the largest milling and bakery businesses in Romania, posted almost RON170 million revenue in 2019, an increase of 2.5% on 2018 and about RON1.4 million net profit, 27% higher more

02.12.2019

Retail bakery chain Panemar established by entrepreneur Nicolae Chiorean is taking its first step outside Cluj County by opening a store in Oradea. more

07.05.2018

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) investment. more

07.02.2018

Entrepreneur Nicolae Chiorean established bread and pastry company Panemar in Cluj in 1993 and took it to 64 million lei (EUR13.7 million) sales in 2017, up 18% year-on-year, and an average number of more

02.22.2018

Lantmännen Unibake, the Swedish group that took over some of the bakery assets in Romania of Austria’s Goodmills, will invest more than EUR50 million in the development of the plant in the more

02.16.2018

Fornetti Romania, the company that has the biggest pastry shop chain in Romania, has 702 franchised stores at the moment and wants to open 80 more by yearend. more

09.25.2017

The local bakery industry cannot be competitive with other markets in the region mainly because of the logistics and transportation costs, which led to a rise in imports, especially of frozen bread, more

09.20.2017

Eden Capital Development, the developer of Cortina Residence complex in Baneasa, northern Bucharest, is about to buy a 2.8-hectare plot of land of the industrial bakery on Calea Plevnei in the city. more