Pobeda to Expand Output
October 12
14:32
2011
Pobeda, the leading manufacturer of biscuits and mini cakes in Bulgaria, is to expand output by a third following investment of lev 10 million (Eur5 million) in two new production lines. About 46% of the investment was provided by the European Regional Development Fund. Based at Bourgas, Pobeda had flat sales in 2010 of lev 26.2 million, with about 95% generated in the domestic market.
