Titan, owned by Austrian Euromills, has finalized a EUR 15 million investment in its Bucharest factory which will produce rolls for McDonald's restaurants in Romania and Bulgaria. The investment was started a year ago and parts of the production will go to countries like Greece, Serbia and Macedonia as week.

The factory uses most of the raw materials from Romania – except for the sesame seeds, which are imported from Guatemala.  Around 2 percent of the factory's production (around 36,000 rolls an hour) is not up to the quality standards imposed by McDonald's and is sold to Romania farmers as animal food.

Titan employs 880 people in Bucharest and in Targu Mures. The company plans to invest EUR 3 million in modernizing production lines and stores in Bucharest.

editor@romania-insider.com