11.06.2018

Romania’s ice cream market, put at EUR200 million, has undergone a series of significant changes over the past two decades, from entry of new players to acquisitions among the companies already more

11.01.2018

Unilever announced it has completed the acquisition of Romanian ice cream manufacturer Betty Ice, following the two companies' agreement signed in January. The company said it has received antitrust more

10.12.2018

Unilever has agreed to reduce presence of ice cream brands in local traditional retail stores to get the greenlight from Romania’s competition watchdog for its takeover of ice cream producer Betty more

08.15.2018

Romania was the ninth largest ice cream producer in the European Union in 2017, with a production volume of 46.8 million liters (enough to fill 514 million ice cream cones, according to ZF estimates), more

03.09.2018

Kubo Ice Cream, one of the largest ice-cream producers in Romania, which makes the Amicii ice-cream brand, entered bankruptcy nearly two years after going insolvent. more

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

01.30.2018

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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

06.06.2017

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

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

Ice-cream maker Betty Ice, controlled by businessman Vasile Armenean, registered a turnover of RON113 million in 2015, up 30% against the previous year, due to the good weather and the lowering of the 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

08.28.2015

Betty Ice, the largest local ice-cream producer made in Suceava (northern Romania) and launched more than two decades ago, accounts for sales of almost 10%, at 8 to 10 million lei, in Bucharest 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