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

05.29.2017

Average bread price in Romania is the lowest in the European Union, while costs (power, flour etc.) are the same as in the EU countries, which hurts the bottom line, says Dan Trifu, vice-president of more

10.03.2016

La Lorraine Romania, a leading frozen bakery products company, expects revenue to go up by 25% to 30% to about EUR20 million this year. more

09.28.2016

Sweden’s Lantmännen Unibake bakery group, which bought Frozen Bakery Products SA, says this is a strategic acquisition for the group that wants to turn the local market into an export hub. The more

09.27.2016

Swedish bakery products group Lantmännen Unibake bought Romanian producer of hamburger buns Frozen Bakery Products SA, previously owned by Austrian group GoodMills. more

08.15.2016

The former manager of the bakery products stores Casa Brutarilor and Belforno Fresh, Dragos Serb, has taken over the 45 stores under the two brands from Goodmills Romania (the former Titan SA). more

06.01.2016

French bakery chain Paul continues expansion in Romania by opening the company’s fifteenth unit, in southeastern city of Constanta, following EUR450,000 investments. more

05.23.2016

Lantmannen Unibake, held by a cooperative of 27,000 Swedish farmers, has bought the retail and bakery operations of GoodMills in Romania (the former Titan company) from Austria’s Raiffeisen group, more

02.19.2016

Vel Pitar, one of the largest bakery industry businesses in Romania, bought the plant of rival Spicul, a company with a 160-year history. more

05.14.2015

Companies operating in the Romanian milling and bakery sector saw a 40% decline in turnover between 2008 and 2013, due to a decrease in household income and high tax evasion. more

04.07.2015

Romanian bakery company Spicul, a name with a 160-year history in the local industry, has entered bankruptcy after four years of insolvency and now the plant of Rudeni locality, Ilfov, is put up for more

11.20.2014

Boromir Prod Buzau (SPCU.RO), controlled by Romanian businessman Constantin Boromiz, reported revenue worth 20.3 million lei in the third quarter, almost 7% below the level of the year-earlier period. more

11.17.2014

Hypermarket chains’ own meat and bakery shops and rotisseries contributed EUR417 million or more than 10% of the revenues of Kaufland, Auchan, Carrefour, Real and Cora last year. more

08.07.2014

Macromex, the largest distributor of frozen products on the local market, exports up to 50% of the production of the bakery plant in Campia Turzii inaugurated in partnership with Belgium’s bakery more

06.14.2013

Romanian agribusiness group Agricover is looking for potential acquisitions on the meat processing and bakery market. more

07.30.2012

Dinu Cismarescu, owner of the French Bakery chain, says that 2012 is the company’s worst since its start more than seven years ago. French Bakery annual revenue stands at EUR3 million, generated by more

07.25.2012

Each Paul bakery sold EUR1.1 million worth last year, which is comparable to the sales of a restaurant in Bucharest, even though a restaurant has tens or even hundreds of indoor and outdoor seats, more

02.02.2012

Each bakery of the French Paul chain sold bread, sweets and pastry products worth about EUR1.1 million last year, that is EUR3,000 every day, considering the average cash receipt stands at EUR4. more