Results 1 - 25 from 41 for "bread"
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Entrepreneur Dumitru Popescu Set To Build Bread Factory In Dolj County
12.29.2022
Dumitru Popescu, 45, a Romanian entrepreneur with experience in the hospitality industry and constructions, wants to build a bread factory in the locality of Carcea (Dolj County) and expects the total more
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Piinea de Casa Opens New EUR4M Plant, Wants to Expand Countrywide
02.17.2022
Mures-based Piinea de Casa has completed the EUR4 million investment in a new bread factory, built in Sangeorgiu de Mures, 6 km away from Targu-Mures, according to Bela Kovacs, the manager of the more
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Pampac Hit RON12.2M Profit in 2020, Up 54% YOY
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
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Bread Price in Romania Is Almost Half the European Average, the EU’s Lowest Level
08.23.2021
The price of bread in Romania is almost half the European average, more exactly at 56%, in line with Eurostat data. more
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Bakery Company Lidas Gets State Aid for EUR46.8M Investment in New Bread Factory
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
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Bakery Company La Lorraine Exports 17% of Its Production
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
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Flanco: Sales Of Laptops, Game Consoles, TV Sets And Bread Makers Up
03.19.2020
Computer and electronics retailer Flanco says sales vary with products, which means demand for laptops and bread makers is on the rise while demand for refrigerators and washing machines is weakening. more
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Eurostat: Romania Had Lowest Bread And Cereal Prices In The EU In 2018
09.16.2019
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Vel Pitar Invests In New Industrial Bakery In Bucharest
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
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Farinsan: Consumption Of Bread And Bakery Products Up, Driven By Imports
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
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Romanians Saved EUR500M In Two Years After VAT Cut On Bread - Rompan
10.13.2015
Romanians saved EUR500 million in two years after the the the sales tax on bread was lowered, Aurel Popa, head of the association of milling and bakery companies Rompan, told “MEDIAFAX Talks about more
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Finance Ministry And Rompan Estimate Tax Evasion Decline After VAT Cut On Bread At RON300M And RON200M
09.17.2014
Romania’s Finance Ministry estimates the cut in the value added tax on bread to 9% from 24% starting September 1, 2013 led to a decline of RON300 million in tax evasion, while the association of more
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Rompan: VAT Cut On Bread To 9% Led To 20% Decline In Tax Evasion Within A Year
09.17.2014
The cut in the value added tax in the bread industry, to 9% from 24%, starting September 2013, triggered a 20% decline in tax evasion, according to the study “The Impact Of Reducing VAT In The Bread more
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FinMin: Romania Must Analyze Impact Of VAT Cut On Bread Before Extending Measure To Other Foods
05.29.2014
Romania’s Government may take a decision on lowering the value added tax (VAT) on other food products only after it analyzes the impact of the VAT cut in the bread industry to 9% from 24%, Finance more
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Largest Romanian Bread Producer Is Looking To Grow Through Exports
09.18.2013
The largest Romanian-held bakery group, Boromir Ramnicu-Valcea, is looking at Russia as a target market for its pastry products. more
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Agriculture Minister Says Sales Tax On Meat May Also Be Reduced
07.31.2013
Romania’s Agriculture Minister Daniel Constantin on Wednesday said the sales tax on meat products should also be reduced if lowering the sales tax on bread proves beneficial. more
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IMF Says Lower Sales Tax On Bread Is Temporary
07.31.2013
Romanian authorities will assess the impact of lowering the sales tax on bread from 24% to 9% and the measure is temporary, depending on the results it produces in fighting tax evasion in the bread more
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Government Approves Lowering VAT On Bread To 9%
07.30.2013
Romania’s government approved Tuesday lowering the value added tax on bread from 24% to 9% starting September 1. more
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PwC: Lowering VAT On Bread To Reduce Tax Evasion If Complemented By Other Measures
07.30.2013
Lowering the value added tax on bread from 24% from 9% is an important step in reducing tax evasion in the bread industry and the measure should also be applied to meat, milk, sugar and vegetable oil, more
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Romania Will Lower VAT On Bread In September, Introduce Excise Duties On Luxury Products
07.29.2013
Romania will lower the value added tax on bread to 9% from 24% on September 1 and the negative impact of the measure, estimated at about 100 million lei (EUR22.7 million), will be offset by increasing more
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PM: Government To Cut VAT On Bread If Breadmakers’ Associations Help It Fight Tax Evasion
07.29.2013
Romanian Prime Minister Victor Ponta said the sales tax on bread will be lowered from 24% to 9% only if breadmakers’ associations help the Government in its fight against tax evasion. more
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Government To Revise Budget End-July, Lower VAT On Bread Likely In September
07.16.2013
Romania’s Government will operate this year’s first budget revision at the end of July and hopes enough funds will be saved to allow the lowering of VAT on bread as of September, Prime Minister more
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Pambac Borrows EUR8.5M To Buy Wheat
07.15.2013
Romanian Bacau-based bread producer Pambac borrowed EUR8.5 million to buy about 50,000 tons of wheat, Catalin Grigoriu, the general manager of the company, said. more
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Porumboiu Builds New EUR6M Bread Plant
05.09.2013
Farming and food industry group Racova owned by businessman Adrian Porumboiu will start construction of a new bread plant in Vaslui (NE Romania) in the next few months. more
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Romania’s Applying Lower VAT On Bread Depends On Reverse Taxation For Cereal
04.03.2013
Romania’s Government will decide whether to apply a lower sales tax, of just 9% instead of 24%, on bread alone or the entire wheat-bread chain depending on the European Commission’s plans more