ZF English

Eugenia producer got European money for investments in the plant

23.03.2010, 19:47 45

Dobrogea Grup of Constanta, the producer of Eugenia brand, endedlast year with turnover worth around 60m euros, slightly down ineuros from 2008, according to ZF calculations, when the producerreported 61.4m-euro sales. "Last year, we renegotiated upstreamcontracts, raw materials, packages, services, as well as downstreamones, sales contracts. We then remodelled the organisationalstructure and reviewed structure along product categories," statedFotini Teodorescu, chairman of the company, adding that while flourand bakery specialties consumption posted a slight decline lastyear, the company posted rising sales of pastry, cookies and evenbread. The main departments that underwent reorganisation weremarketing and sales. Teodorescu says he did not resort to layoffs,unemployment or technical unemployment in 2009. Moreover, the groupof Constanta was one of the few producers to have operatedproduction capacity investments last year. The money for theinvestment came from structural funds.

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