05.16.2014

Romanians spend just 3% of their monthly income on healthcare, less than on spirits and tobacco. The smallest sums are earmarked for education, namely 1% of the budget, while food, rent, utilities and more

05.13.2014

The average value of online food orders in the capital city, Bucharest, stands at RON50 per day, compared with the other main Romanian cities, where the average value of an order stands at RON40, more

05.13.2014

Ikea Food, the division that includes the restaurant, the bistro and Swedish deli operating inside the company’s store in Baneasa, northern Bucharest, ended fiscal 2013 with almost 33 million lei more

05.12.2014

“More and more customers, especially foreign ones, are interested in our production process,” said representatives of Supremia Grup, a food ingredients and spice business turned solar farm more

04.15.2014

Romania's food industry exports posted a EUR35 million surplus in January and the country's main export product was corn, which overtook wheat exports, Agriculture Minister Daniel Constantin said more

04.14.2014

The Romanian government and companies need to reshuffle their domestic product promotion policy, following models already implemented by other European countries, says Catalin Olteanu, general manager more

04.02.2014

The development of distributors of food and agricultural products between 2011 and 2012 was not qualitative in terms of income, and 80% of the distributors that reported increasing turnover liquidity more

03.24.2014

The average net wage in Romania is enough to buy 15 staple food baskets per month, while in Poland and Germany it can buy 25 and 50 food baskets, respectively. more

03.16.2014

Romania had a food trade surplus in 2013, for the first time since 1994, of EUR324.9 million, from a deficit of EUR745.5 million in 2012. more

03.14.2014

Supremia Grup, a business held by the Bara family of Alba county, which supplies ingredients and spices to the local food industry, expects a 10% increase in revenue in 2014, after ending 2013 with more

02.18.2014

Dr. Oetker, the biggest player on Romanian food additive market, is set to build a new plant in Valea Iasului locality of Arges county, after it bought a 14-ha land plot located near its current more

02.05.2014

The price of the main 15 foods in the market basket used for the ZF index has dropped 2% since last fall, as a result of the increasingly fierce competition among retailers trying to get new customers more

12.27.2013

Energy, wood processing industry and food retail are the economy sectors that got the highest capital inflows from foreign shareholders this year. The impact of the Auchan-Real deal and the green more

12.23.2013

The government will look into lowering the sales tax on food products other than bread only after July 2014, Romanian Prime Minister Victor Ponta said Monday. more

12.19.2013

Romania's retail market, which returned to growth in 2012, will witness a growth rate of over 5% in upcoming years and is expected to reach 130 billion lei (EUR29 billion) by 2015. more

11.26.2013

Romanian canned meat producer Scandia Food has borrowed EUR22 million from local lender Banca Transilvania (TLV.RO) to upgrade equipment and finance new investment, the company said Tuesday. more

11.14.2013

The automotive retail, real estate agencies and food retail are Romania’s most competitive markets, while the cement, notaries public and natural gas production sectors are the least competitive, more

11.08.2013

The VAT cut from 24% to 9% for bread has led to an increase of taxed production of flour and bread by 10% and 15%. Under the circumstances, retailers and production companies say that a VAT cut for more

11.07.2013

Cold cuts were 38.3% more expensive in Romania in 2012 compared with the previous year, the highest basic foodstuff price increase seen last year, according to a report by the country’s Competition more

11.07.2013

The share of Romanian basic food products in total sales in stores decreased across the board between 2009 and 2012, except for pork, and the biggest rises in imports were posted by milk and sunflower more

11.05.2013

Romania’s government may take a decision on lowering the value added tax on other food products besides bread only after it analyzes the impact of the VAT cut in the bread industry, IMF official more

09.20.2013

The price of the ten main food products in the consumer basket went up by 24% during the five years of crisis, with the biggest rises being recorded for pasta (over 50%), chicken (48%) and sugar more

09.19.2013

Card holders spent 11 billion lei (equivalent to EUR2.5 billion) on food, beverages and tobacco, half the overall amount spent by Romanians using cards. more

06.21.2013

Food, alcohol and tobacco items in Romania are less expensive than in most of Europe, a survey from the European Union’s statistics arm showed Friday. more

06.06.2013

Wafers, cold cuts and the like that retailer Lidl imported last year weighed more heavily in the trade balance than the turbines CEZ bought for its wind farm in Fantanele (SE Romania), the largest in more