12.21.2015

The year 2015 came with a breath of fresh air for the food and beverage industry in form of a VAT cut for such products, as well as with several international deals that have an impact on the 40 more

11.11.2015

Companies in the food and beverages industry, which generate 50 billion lei (EUR11 billion) revenue a year have resumed hiring this year, after operating personnel cutbacks during the crisis. The more

11.05.2015

Cold cuts and canned meat producer Vascar based in Vaslui County (eastern Romania), which also owns retail operations, says it plans to continue expansion by five stores a year and one of the cities more

10.26.2015

Romania’s online food orders market, whose current value reaches EUR20 million, is witnessing a fast growth and its potential is huge, Radu Balaceanu, Country Manager at online food delivery more

10.13.2015

Romanians started to buy higher quality products after the VAT cut on food items from 24% to 9% in June, Sorana Georgia, vice-president of the association of major retail chains in Romania (AMRCR), more

10.12.2015

Romanians ate more than EUR3.1 billion worth of imported food last year but the local market exported less than half of that amount, EUR1.4 billion, ZF has found from National Statistics Institute more

10.08.2015

Polish Maspex group (Tymbark) continues to look for acquisition targets in Romania, a country with a lot of potential for investment because of its economic growth, says Krzysztof Grabowski, president more

09.29.2015

Private labels now account for one fifth of the food market, but these products that retailers developed to take on established brands have yet to become important on such segments as beverages and more

09.14.2015

Radu Timis, the entrepreneur who founded Cri-Tim, one of the leading meat processing businesses in Romania, expects EUR10 million sales from the ready-meal segment, following the investments in more

08.14.2015

US-held fast-food restaurant chain McDonald’s, which entered the Romanian market directly in 1995, has sold the local operations to Malta’s Premier Capital. Premier Capital holds the franchise of more

08.10.2015

Fish and fish products company Ocean Fish, controlled by Republic of Moldova businessman Ilie Busuioc, is considering expanding into retail by developing its own store chain. more

07.29.2015

The seven franchised restaurants McDonald’s has in Romania posted average revenue of 7.7 million lei (EUR1.74 million) last year, 7% to 9% higher than that of restaurants directly operated by the US more

07.14.2015

The value of local food products available on the Romanian market rose 15% in the first six months, at EUR11.5 billion, from EUR10 billion in the same period a year before, agriculture minister Daniel more

07.07.2015

Prices dropped 12% in June after the VAT rate was lowered to 9% on food, said Agriculture Minister Daniel Constantin, adding the measure has boosted consumption. more

07.02.2015

The VAT cut on food items has triggered an average price decrease of 11% and a 17% sales increase, according to a survey from market researcher Nielsen. more

05.18.2015

German company Delivery Hero, which operates the world’s largest online food ordering network, joined the shareholding structure of local food ordering platforms Oliviera.ro and Quicky.ro, through more

04.10.2015

Easter, the second most important time of the year for consumer spending after the Christmas season, drives up sales of the major retailers compared with the rest of the year. Romanian consumers spend more

04.07.2015

Food prices in Romania will go down by 15% starting June, following the planned cut in the value added tax rate for all food products, to 9% from 24% currently, Sorin Minea, head of the food industry more

03.30.2015

U.S. giant McDonald’s, a symbol of American capitalism, has sold its Romanian business to a Russian entrepreneur who will thus take over the master franchise of the almost 70 restaurants with more

03.22.2015

Local entrepreneur Florin Balu, founder of the Snack Attack restaurant chain sold to private equity firm Global Eye Investment in 2012, has invested about EUR100,000 together with Fratelli owners in a more

03.15.2015

Romania’s agri-food exports totaled EUR5.4 billion in 2014, up 6.1% on the year, while imports rose 2.6% on the year to EUR4.9 billion, Agriculture Ministry said in a statement. more

03.03.2015

In 2014, the almost 2,000 filling stations of Romania generated sales of 40.9 billion lei (EUR9.3 billion), including station store sales, around 4% higher than in 2013. The slightly declining volumes more

02.24.2015

The Macromex group, the largest local frozen product distributor controlled by Romanian entrepreneur Dan Minulescu, has sold four of its companies to Denmark-based BPI and Westcon, according to data more

02.19.2015

Just 2% of Romanians eat out every day and around 20% eat out up to three times a week, men more than women, and they prefer fast service restaurants that serve burgers, kebabs, fried chicken and more

02.03.2015

ETI, the Turkish confectionery producer that is now investing EUR40 million in a sweets plant in Craiova, southern Romania, has started hiring for the facility that will be completed in the second more