Elit, one of the largest cold cuts producers in Romania, part of China's Smithfield Group, for 2023 reported a turnover of RON790.5 million (EUR159.8 million), up 6.4% from RON742.8 million (EUR150.6 million) turnover reported in 2022, Ziarul Financiar (ZF) daily has calculated from Finance Ministry data.
Cristian Oradan, an executive with 14 years of experience within cold cuts producer Elit, took over the position of Chief Executive Officer (CEO) of the company, starting with April 1, 2024.
Elit, a major cold cuts producer in Romania, part of Smithfield group, for 2022 reported turnover of RON742.8 million (EUR150.6 million), up 16.5% from the previous year, in line with ZF calculations based on Finance Ministry data.
Romania’s Competition Council is looking into a transaction by which Elit SRL plans to acquire the company Good Meat Production SRL