Chipita: €510 million turnover and new factory in Slovakia

Spyros Theodoropoulos
Spyros Theodoropoulos, CEO of Chipita SA

Sales at Chipita for the year 2018 were up, while turnover reached approximately €510 million. In addition, a new plant in Slovakia –producing croissants and Bake Rolls, one of the brand’s most popular offerings– is already underway and expected to be fully operational during the first trimester of 2020. Furthermore, a production unit in India, following the Chipita-Britannia joint venture, is also in the works and will start operations within the year. Finally, all investments in the company’s Poland factory are concluded, thus doubling its size and production capacity.