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Mandy producer invests 8m euros

The Bucharest-based company Glina, which makes the Mandy canned foods, announced it will begin an investment of about 8 million euros this year in order to upgrade its factory in Glina, near Bucharest. The officials of the company say the investment will be completed by the end of this year

Ziarul Financiar · 19 ianuarie 2006 · 1 min de citit

The Bucharest-based company Glina, which makes the Mandy canned foods, announced it will begin an investment of about 8 million euros this year in order to upgrade its factory in Glina, near Bucharest. The officials of the company say the investment will be completed by the end of this year. “We will make this investment in order to boost the current production capacity and to bring ourselves to European standards. The policy promoted aims to maximise profit, not by price increases but by optimising the manufacturing process and by reducing indirect costs,” Daniela Ciuca, commercial manager of Glina said. The company makes canned foods based on meat, meat and vegetal content or vegetal content only, as well as tomato paste and rice under the Mandy, Hora and Spring Sauce brands. It is also considering the development of a line of products and the registration of these products as European brands. ZF

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