$2.5m investments in Mopan Suceava

Racova Com Agropan Group has invested $2.5 million in milling and bakery company Mopan Suceava this year, chairman Adrian Porumboiu announced. Porumboiu said the company’s output had increased more than five times since takeover, a year ago. According to the group’s chairman, Mopan has come a long way since January 2002, when it had come to total 130bn ROL in debts, had its accounts frozen and unemployment was looming over its 350 employees. The investments scheduled to be made over the next two years amount to $5 million, Porumboiu said. Mediafax