25 sep 2017

The local bakery industry cannot be competitive with other markets in the region mainly because of the logistics and transportation costs, which led to a rise in imports, especially of frozen bread, more

22 sep 2017

Five major food and beverage companies among the 15 businesses with the highest growth in sales in the past five years have changed owners. Two of those companies are dairy producers, ZF has found more

21 sep 2017

The ten most profitable companies in the fast-moving consumers goods industry posted more than 1.7 billion lei (almost EUR400 million) net profits together in 2016, up 73% on 2008, the reference year more

20 sep 2017

Carniprod Tulcea, one of the biggest meat processors in Romania, expects double-digit growth in revenue in 2017. The company could see more than 84 million lei (almost EUR19 million revenue) this more

18 sep 2017

Romania’s bags and luggage market, where products imported from Asia continue to get most shelf space, reached 800 million (EUR178 million) last year, up almost 8% on 2015, according to market more

14 sep 2017

Low-cost airline Ryanair, which stepped up development in Romania in 2015, carried about 900,000 passengers to and from the Henri Coanda (Otopeni) Airport in Bucharest in the first half, according to more

31 aug 2017

Grain and farm input provider Agroind Cauaceu is set to open its fifth grain handling and storage facility in Batar, Bihor County (NW Romania). more

24 aug 2017

Ryanair, the largest airline in Europe, expects to carry more than 2.9 million passengers on the routes from the four airports it operates on in Romania in fiscal 2018 (April 2017 – March 2018), an more

16 aug 2017

Air traffic could reach a new record high in Romania this year, now that carriers made available over 15% more plane tickets than last year. more

14 aug 2017

The first half ended with growth of about 14% to 15% in revenue for Cris-Tim meat and dairy group, its owner Radu Timis says, but the rise in the price of raw material and investment made at the more

9 aug 2017

More than 22% of the small and medium-sized enterprises’ employees work in Bucharest, which means companies in this city employ as many people as the 25 poorest counties of Romania, ZF has found more

19 iul 2017

Transilvania Nuts, the walnut kernel processor held by Levente Bara and Alexandru Chiric, will invest EUR2.5 million in a new plant in Ciugud (Alba County, central Romania) where it will make more

21 iun 2017

Spirits producer Alexandrion Group Romania, the largest such business in the country, has opened a base for international operations in Nicosia (Cyprus), as part of its international development more

20 iun 2017

Onesti (Bacau County, Eastern Moldavia) based Croco, one of the largest Romanian biscuit producers, will boost headcount to more than 500 people this year, doubling the number compared with 2016. more

19 iun 2017

Ice cream production in Romania stood at more than EUR80 million last year, higher than in 2015, but was unable to rebound and reach the 2009 level, the highest in the past eight years, ZF has found more

6 iun 2017

Vasile Armenean, the entrepreneur who owns ice cream producer Betty Ice, is considering selling part of the company he established more than two decades ago and took to EUR28 million sales. more

1 iun 2017

Romaqua Group, the largest Romanian company in the local beverage industry, last year posted 693 million lei (EUR154 million) sales, an increase of 10% on 2015, according to Finance Ministry data. more

31 mai 2017

Local furniture retail, a market that saw the first signs of a rebound in 2014, reached EUR963 million last year, up 13% on 2015. more

29 mai 2017

Average bread price in Romania is the lowest in the European Union, while costs (power, flour etc.) are the same as in the EU countries, which hurts the bottom line, says Dan Trifu, vice-president of more

25 mai 2017

Coca-Cola HBC Romania, the leader of the local beverage market, last year posted more than 2.2 billion lei (almost EUR500 million) revenue, 5% higher than in 2015, ZF has calculated based on the data more

23 mai 2017

Passenger traffic on Romania’s airports stood at more than 4 million people in the first quarter, an increase of 30% on the year-ago period, according to the Romanian Airports Association. more

15 mai 2017

Romanians’ leaving abroad is detrimental to the businesses and the country as a whole, says Onno Rombouts, managing director of brewer Heineken Romania. more

12 mai 2017

Aquila Part Prod Comp, the largest company in the Aquila group based in Ploiesti (Prahova County, southern Romania), has become the new leader of the fast moving consumer goods distribution market, more

9 mai 2017

Transavia group, the largest poultry producer in Romania, exported EUR21 million worth of products last year, which is about 15% of its EUR140 million revenue, ZF has calculated from the information more

3 mai 2017

Canada’s Molson Coors, the owner of Romanian brewer Bergenbier, has opened a services center in Bucharest for the global operations of the group’s accounting, financial or human resources more