Bakery producer Dobrogea Grup posts 67m euros in sales

Dobrogea Grup, one of the main bakery producers on the local market, estimates a 12% sales increase this year, which would bring the company’s turnover to over 67 million euros. The producer ended last year with a 60 million-euro turnover. “For this year, we forecast a 12% increase on 2007, amid a consolidation of our brands and an increase in the share of exports,” said Otilia Stanciu, PR manager of Dobrogea Grup. The company exports both to EU markets and to the US. The group is present on the market with the Dobrogea flour brand, which holds 29% of the market, according to company data, whilst the group also operates on market of bread and bakery varieties, biscuits, breakfast cereals and frozen products. According to company data, Dobrogea is among the top four bakery producers in Romania and holds a 4% market share. The company’s main rivals on this segment are Vel Pitar, Boromir and Titan. The company’s is held by several individual shareholders.