The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.71 - Manufacture of bread; manufacture of fresh pastry goods and cakes
200 jobs Number of planned job creations
Announcement Date
31 January 2023
Employment effect (start)
31 January 2023
Foreseen end date
31 March 2023
Description
Romanian company, Lidas producer of baked goods in Romania, will open a frozen pastry plant at Cataloi (Tulcea County) and create 200 new jobs. The hiring process started and it will end by 31 March 2023. The company invested €46 million half of which is state aid. The production capacity of the new plant is of 3 tonnes per hour of bakery products and 1 tonne of pastry products per hour.
The new positions are in the production, delivery, administrative and management departments. The company owns a bakery and pastry manufacturer at Mineri (Tulcea County) which has a production annual output of almost 10,000 tonnes. Lidas portfolio also includes a mill, warehouses and its own network of shops.
The company was established in 1993, being a family business in the fields of milling and bakers and has a workforce of 300 persons.
Eurofound (2023), Lidas Romania, Business expansion in Romania, factsheet number 108348, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108348.
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