Vascar, a producer of meat products and canned food, is celebrating its 40th anniversary and aims to expand its national presence through Key Account partners. The company ended 2023 with a turnover of 140 million lei, up 10% on the previous year.
Exports recorded the highest growth in the last year, due to the positive development of the canned food category. Vascar exports canned food to Europe and Africa, and exports will soon reach the US, following accreditation received in 2023, when the Food Safety and Inspection Service (FSIS) confirmed the equivalence of Romania's meat inspection system with that of the United States.
The own store network accounts for 33% of turnover and the management team aims to open three new stores this year.
"We are proud and happy that our entrepreneurial business has reached 40 years of activity and we thank those who choose Moldova in Bucate and Vascar products. This year we plan to increase our shelf presence in our national partner hypermarket networks and to open new stores in the region of Moldova, in order to be as close as possible to those who know our products and appreciate them or are curious to try them for the first time.”, says Vlad Ciuburciu, Vascar General Manager.
Since 1984, when it operated under the name of Industria Cărnii Vaslui and functioned in a centralized system, the Vascar business has reached today a network of 20 own stores - in Vaslui, Iași, Huși, Negrești, Bârlad, Roman, Galați - national distribution and exports to the most demanding markets on three continents.
The first Vascar stores were opened in 1994, three years after the company became a joint-stock company. After privatisation, starting in 2000, the company has experienced an accelerated growth trend. Among the most important milestones was the largest rebranding project, both at corporate and product level, in 2013.
In 2015, the product portfolio is segmented and a year later, Moldova in Bucate becomes a national brand, both in the category of canned meat and sausages.
For 2024, Vascar plans to invest in new technologies, process automation, product portfolio development and sustainability by expanding the photovoltaic panel system installed in 2023, an investment of three million lei. The project currently has an installed capacity of 770 kWp and produces 1,200 MWh per year, equivalent to 245,000 kilograms of unmined coal.
The information provided by KomuniK
Moldovan prime minister Alexandru Munteanu arrived in Bucharest on Thursday, November 13, for his first official foreign visit since taking office. He met with president Nicușor Dan and Romanian counterpart Ilie Bolojan before visiting the Parliament, where he met with the president of the Senate, Mihai Abrudean. After the first meeting, president Nicușor Dan stated […]
Bucharest maintains a steady flow of new office developments, with nearly 170,000 square meters of projects scheduled for delivery between 2026 and 2027, according to the latest Bucharest Office Marketbeat Q3 2025 report from Cushman & Wakefield Echinox. Despite a 25% drop in total leasing activity compared to last year, demand remained solid, with companies […]
The number of Romanians seeking work abroad has fallen to its lowest level in five years, according to new data from leading online recruitment platform eJobs. So far in 2025, only 106,000 applications were submitted for jobs outside Romania out of a total of 9.8 million, representing just 1.1% of all job applications. Employers abroad […]
Four young Romanians from Prahova County created Youllgetit.eu, a platform containing a database with thousands of internships dedicated to students in Europe. The youths are former members of the RO2D2 robotics, and are now students at top universities in Romania, Switzerland, Germany, and the Netherlands. Luca Moșu, one of the creators of the platform, told […]
Banca Transilvania, a leading bank in Romania, and BPC, a global leader in payments solutions, have completed the first Romanian pilot of the EU Digital Identity Wallet (EUDIW) for payments, enabling cardholders to authenticate online purchases with their new European Digital ID. The project forms part of the EU Digital Wallet Consortium led large-scale pilot funded by […]
Around 39% of Romanians spend more than usual during the holiday period, starting with Black Friday, and the percentage increases especially during the winter holidays, when 6 out of 10 exceed their planned budget, according to the “Financial Seasons Barometer,” an iVox Research survey ordered by CFA Romania. The research shows that although impulsiveness manifests […]
