Wafer Cake with Condensed Milk
If you grew up anywhere in Ukraine, this wafer cake with condensed milk is pure nostalgia on a plate. It comes together with just a handful of pantry ingredients, no oven required, and rewards you with crisp layers of wafer melting into a rich, caramel-sweet cream. You will love how forgiving it is, perfect for a last-minute dessert when company is coming or when you simply need a little something sweet with your afternoon tea.
This treat has deep roots in the home kitchens of the former Soviet Union, where ready-made round wafer sheets were a staple on grocery shelves and a can of varene zghushchene moloko (boiled condensed milk, the dulce-de-leche-like caramelized version) lived in nearly every cupboard. Busy parents and grandmothers turned these two humble products into a beloved children’s cake, layering them up and letting time do the work. It is the kind of dessert passed down by memory rather than written recipe, and every family has its own little twist.
The secret to a great wafer cake is patience. Let your butter sit out for about 15 minutes so it whips smoothly with the boiled condensed milk into a silky, spreadable cream. Toasting the nuts before grinding them deepens their flavor, and spreading the cream evenly, roughly two tablespoons per layer, keeps the cake balanced from top to bottom. Most importantly, give it a full hour to rest so the wafers soften and soak up the cream, turning crisp sheets into tender, sliceable layers.
Tips & Substitutions
- Boiled condensed milk: If you cannot find the pre-boiled (caramelized) can, simmer a sealed can of regular sweetened condensed milk in water for 2 to 3 hours, or use store-bought dulce de leche.
- Nuts: Walnuts are traditional, but toasted hazelnuts, pecans, or almonds work beautifully. Leave them out for a nut-free version.
- Butter: Use unsalted butter at room temperature for the smoothest cream; a tiny pinch of salt balances the sweetness.
- Chocolate twist: Stir a tablespoon of cocoa powder into the cream, or drizzle melted chocolate over the top before chilling.
- Wafer sheets: Look for round Eastern European wafer cake layers at international markets; thin store-bought wafer sheets can be trimmed to size in a pinch.
Once assembled, let the cake rest at least an hour at room temperature, or pop it in the fridge for a firmer, cleaner slice. Dust the top with a few ground nuts or a little powdered sugar for a pretty finish. Store leftovers covered in the refrigerator for up to four days, though it rarely lasts that long. Slice into thin wedges, pour the tea, and enjoy a taste of childhood. Smachnoho, enjoy your meal!
Part of Ukrainian cuisine — 301 more recipes in the section.
Ingredients
Instructions
Beat the boiled condensed milk together with the butter, which has been left out at room temperature for 15 minutes.
Add the finely ground nuts and stir to combine.
Spread the cream over the wafer layers, about 2 tablespoons per layer. Stack the layers to assemble the cake.
Leave it for 1 hour to soak through.
Your wafer cake with condensed milk is ready. Enjoy your meal!













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