02.02.2018

Five ice cream manufacturers built by Romanian entrepreneurs – Betty Ice (to be taken over by Unilever), Top Gel, Alpin 57 Lux (acquired by Food Union), Kubo Ice Cream (insolvent) and Ice Dyp Balas more

01.12.2018

Private equity firm Abris Capital is nearing completion of talks to buy ice cream producer Betty Ice, market sources say. Vasile Armenean, owner of Betty Ice, denied the information, while Abris more

12.12.2017

Ice cream manufacturer Betty Ice, the largest Romanian-held such company, expects some EUR30 million revenue this year, up about 8% on 2016, ZF has calculated from the information the company more

08.30.2017

Entrepreneur Petre Popa, who established ice cream producer Top Gel in Craiova two decades ago, is in talks with several strategic and financial investors over selling it. more

06.19.2017

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

03.28.2017

Betty Ice, one of the largest Romanian ice cream producers, ended last year with about 125 million lei (EUR28 million) revenue, up about 10% on 2015. more

11.30.2016

Betty Ice, one of the largest Romanian ice cream producers, wants to export 25% to 30% of the production of its plant in Suceava in five years compared with 5% at the moment. more

08.18.2016

About 200 confectionery shops, street vendors and small plants make ice cream, rivaling major players like Unilever (Algida, Napoca), Nestle (Joe, Nirvana), Betty Ice and Top Gel on the EUR150 million more

07.19.2016

Sales of ice cream manufacturer Betty Ice were higher at the beginning of the summer than in the year-ago period, driven by the good weather and the economic growth, says owner Vasile Armenean. more

07.06.2016

Ice cream producer Kubo Ice Cream, which owns brands like Obsession and Amicii, is looking for a buyer, market sources say. more

06.03.2016

There is a significant shortage of skills in Romania, says Vasile Armenean, owner of ice cream producer Betty Ice in Suceava (northern Romania), so the company can no longer find electricians, more

02.05.2016

Alpin 57 Lux based in Alba-Iulia (central Romania), one of the largest actors of the local ice-cream market, posted 90 million lei (EUR20 million) revenue last year, 30% more than in 2014, ZF has more

12.09.2015

Swiss-held Nestle is putting up for sale plots of land in seven counties in Romania totaling almost 10,000 square meters, according to ZF’s calculations based on the Official Gazette data. more

10.13.2015

Three markets dependent on the weather bulletin - beer, ice cream and soft drinks and estimated at EUR3 billion a year posted growth in the first nine months, because of the very good weather and the more

08.07.2015

Alpin 57 Lux in Alba County (central Romania), one of the largest local ice cream producers, ended the first half with 44 million lei (EUR10 million) revenue, an increase of 22% in the previous year. more

08.06.2015

Betty Ice, a brand made in Suceava (northern Romania) and launched more than two decades ago, was last year’s best-selling ice cream brand, ahead of big international names like Algida and Nestle, more

07.09.2015

The first month of the summer was better for the ice cream industry compared with the same time in 2014 because of the warmer weather and the cut of the VAT on foods from 24% to 9% as of June 1, says more

05.07.2015

Betty Ice, one of the leading local ice cream manufacturers, expects almost 92 million lei (EUR21 million) revenue this year, an increase of 5% on the previous year, according to the data the company more

02.25.2015

Romanian entrepreneur Dan Minulescu, who built Macromex group, sold ten of his companies to a group in Denmark and sealed a partnership with it for the distribution of La Strada ice-cream in northern more

01.01.2015

The year 2014 saw new investments in sweets plants in Romania and no significant mergers and acquisitions. The chocolate market grew this year, while ice cream sales suffered because of the bad more

11.26.2014

Starting next year, Unilever will produce Napoca ice-cream in Bulgaria as FrieslandCampina has reshuffled its activity and there is no more room for Unilever production in the company’s plants, says more

10.31.2014

The Unilever group, which has food and non-food product manufacturing and distribution operations in Romania, will move Napoca ice cream production to a plant abroad next year. more

08.12.2014

Ice cream producer Alpin 57 Lux, owned by the Istrate family in Alba Iulia, is considering exporting its products in two or three years, after having covered Romania with more than 20,000 points of more

08.06.2014

Alpin 57Lux, a major player on Romania’s ice-cream market, generates 40% of its sales in southern Romania (Muntenia, including Bucharest), while Transylvania, the company’s native market, accounts more

07.29.2014

Betty Ice, one of Romania’s biggest ice-cream producers, is testing a home delivery project in Bucharest, in the context in which the company is already present in stores countrywide and has almost more