At a Glance
Location: Bucharest & Ploiești, Romania
Joined NESsT Portfolio:
In Romania, there are many families with children who live on the streets and require social reintegration. Unfortunately, there is little support to help them get back on their feet, both personally and professionally. CONCORDIA Bakery provides job opportunities for the best students from its CONCORDIA Vocational School. The students are young people from vulnerable families or those who live on the streets and are looking to reintegrate into their communities.
Results & Impact
graduates hired in bakery
bakery school graduates
graduates hired on the open labor market through mediation
CONCORDIA Bakery joined the NESsT portfolio in 2014. Since then, NESsT has invested financial capital, as well as tailored business development support in the organization.
NESsT's key support focus has been to help CONCORDIA create and implement a sales strategy and achieve sustainable business growth. Our on-the-ground portfolio team in Romania supported CONCORDIA to recruit and hire a sales coordinator and to network and leverage additional sales opportunities and support. In addition to providing one-on-one mentoring, NESsT also invested financial capital to allow CONCORDIA to hire essential staff, equipment and software to grow its business.