09.28.2023

Zarea, one of the most important players on the alcoholic beverages market in Romania, posted RON167.7 million (EUR34 million) revenue in 2022, up 14.8% compared with the previous year’s over RON146 more

05.28.2015

Romanians buy EUR700 million worth of spirits annually but the state collects taxes and excises for just 25% of the amount sold because of tax evasion, according to data released Thursday by the more

02.18.2015

Romania's government plans to lower excise duties on fuel and alcohol as of 2016, while crude oil locally produced, coffee, jewels, furs and cars will be removed from the category of products subject more

09.04.2013

Producers and importers of alcoholic beverages started to increase prices by up to 30% as of September 1, arguing the measure raising excise duties on alcohol to EUR1,000 per hectoliter will boost the more

07.30.2013

Raising excise duties on alcohol will increase alcoholic drink prices by 25% to 40% and tax evasion will skyrocket to 90% from about 70% currently, according to Romulus Dascalu, president of GARANT, more

02.29.2012

The beer market rose by almost one percent last year, which is the first positive sign for an industry that lost almost 20% of its volume in 2009 and 2010, ZF has calculated based on the data provided more

12.29.2011

The legal limit at which driving under the influence in Romania becomes a criminal offense (from a less serious contravention) will be reduced from 0.08% to 0.05%, as per an amendment to the Traffic more

11.23.2011

Romanians consumed 58.8 million liters of spirits in the first nine months of this year, 18.8% less than last year, mainly because of the lower purchasing power, Petru Berciu, head of BDG Import, told more

11.16.2011

The beer market will lose approximately 60,000 hectoliters a year by 2016, according to estimates by market research firm Canadean, reaching 16.34 million hectoliters from 16.65 million expected for more

10.03.2011

Romania ranks 32nd in the world by wine exports, which are less than 0.1 million hectoliters, according to data provided by the International Organization of Vine and Wine, behind neighboring states more

09.11.2011

The share of cigarettes, alcohol, food and drink in Romanians' consumption expenses increased during the crisis, while that of furnishings for the home, clothing and communication decreased, according more

08.24.2011

The possession of more than 40 liters of ethyl alcohol, used to make alcoholic beverages, which are not registered with a fiscal warehouse, is punishable by one to four years in prison, according to a more

08.09.2011

Tax evasion in the Romanian alcohol business has generated excise duty losses of EUR3.3 billion, plus EUR1.2 billion from unpaid VAT and other taxes, between 2003 and 2010, according to industry more

08.02.2011

Gyuri Eperjessy, commercial manager of Alexandrion Grup Romania, the largest producer of spirits on the Romanian market, estimates the spirits market will fall by 5% this year against 2010. more

07.11.2011

Spirits producer Prodvinalco saw its net sales (excise duties excluded) down by 2% compared with the same period of last year, to 8.2 million lei (EUR2 million), VAT not included. The company hopes more

06.23.2011

Spirits consumption amounts to 18.5 liters per each adult Romanian, 20% more than the European Union average, ranking Romania among the countries with the highest consumption per capita, according to more