Angst, up 17% in Q1

Charcuterie producer Angst Ro posted approximately four million dollar turnover in the first quarter of this year, about 17% more than in the same time last year. It has recently dedicated a new shop in Bucharest and is in talks for two more, one of which located in the Capital and the second in the provinces. “All in all this was a very slow start of the year for the business of the meat processing industry, which saw some 20% decline,” Angst Ro general manager Sorin Minea said. “However, we’ve noticed that albeit consumers buy less, they are buying more expensive higher quality brand-name products instead of cheap additive-rich ones.” ZF