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Vel Pitar SA (Romania)

Main Activities: Bread and Bakery Product Manufacturing | Cookie and Cracker Manufacturing
Full name: Vel Pitar SA Profile Updated: November 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Vel Pitar Group is an important player in the manufacture and distribution of biscuits, wafers, cake specialties, pastries and milled products. In December 2001, Vel Pitar SA incorporated with the merger of four factories from the milling and bakery industry: Mopariv Ramnicu Valcea, Berceni Bucharest, Mopariv Cluj Napoca and Granpan Tecuci. The registered office of the new company was established in Ramnicu Valcea. In 2007 Vel Pitar SA was divided into three autonomous companies, each with a different focus: baking - Vel Pitar SA, milling - Sapte Spice SA and retail - VP Magassin SA. The Vel Pitar Group now owns factories in Bucharest and in 10 other Romanian counties (Valcea, Arges, Brasov, Cluj, Galati, Iasi, Giurgiu, Gorj, Olt and Dambovita), mills, and a network of shops spread throughout large Romanian cities.

Headquarters
Strada Timis Nr. 22
RAMNICU VALCEA; Valcea; Postal Code: 240275

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 28, 2007
Key Executives
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Administrator
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Administrator
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Administrator
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Representative
Ownership Details
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99.8282%
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0.1718%
Subsidiaries
Vp Terenuri SRL
99.9986%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
10.31%
Total operating revenue
8.1%
Operating profit (EBIT)
43.42%
EBITDA
35.72%
Net Profit (Loss) for the Period
37.31%
Total assets
52.27%
Total equity
64.84%
Operating Profit Margin (ROS)
3.69%
Net Profit Margin
2.9%
Return on Equity (ROE)
-7.89%
Quick Ratio
1.02%
Cash Ratio
1.15%

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