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Pain D’Or Packed 100th Million Croissant in Bulgaria

Photo: Visitors at Pain D’Or learn about the production
process. Antoine Iskandar, Chairman of the company,
is third from left to right.
Photo: Pain D’Ore

Visitors at Pain D’Or learn about the production process. Antoine Iskandar, Chairman of the company, is third from left to right.


“We also try to help – as USAID helped us. We focus on the underprivileged people in Bulgaria – those in orphanages, homes for disabled people, and homes for the elderly. We have also provided assistance to the Municipality of Sofia by paving roads, providing office equipment, sponsoring sports events, etc. ‘If God feeds us, we eat, and give others to eat.’ This is what we believe in.”
- Antoine Iskandar, Chairman, Pain D’Or LTD

Pain D’Or is one of the largest and most highly regarded Bulgarian companies engaged in the production of long-shelf-life croissants, cookies and breads. The company is highly regarded for a number of reasons - the variety and high and consistent level of quality of its products, innovations in the area of production, high health and safety standards, an environmentally-friendly production process, using the best natural ingredients, affordable prices and customer friendly policies.

With USAID help, Pain D’Or expanded from thirty employees to 180, giving more Bulgarian families a reliable income. This is particularly good news in a country where the unemployment level is high compared to the European Union and world standards. According to the company’s chairman Antoine Iskandar, what they achieved during the past five years could not have been done in fifteen years without the assistance of USAID.

USAID offers consultancy services to small and medium enterprises in priority sectors like agribusinesses, food industry, and tourism. USAID helped Pain D’Or grow and manage by providing expert advice in production, marketing, administration, and sales. Crucial to their success was the expert assistance from USAID which allowed the company to export products to Hungary, Russia, and the United States. Pain D’Or was awarded the Silver Lion Bulgarian Award for Superior Quality.

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Fri, 31 Mar 2006 16:55:35 -0500
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