10.21.2014

Consumption of private label soft drinks has neared 20 liters per capita in Romania, accounting for 15% of overall consumption of such products, eight times higher than the 2008 level. In the same more

09.12.2014

Tymbark Maspex, a major player on Romania’s soft drinks market, expects revenue to rise by 10% this year, taking further the upward trend of the past six years, according to company information. more

08.14.2014

The tax evasion that reached about EUR23 billion last year, or 16.2% of the gross domestic product, is robbing Romania of 5,000 kilometers of highways that it could build with this money in one year more

06.11.2014

Tymbark Maspex, the largest Polish investor in Romania’s soft drinks industry, has hired over 100 people since the beginning of the year, with its headcount in the country revolving around 880 more

06.05.2014

Coca-Cola HBC Romania, the largest soft drinks company in Romania, ended 2013 with a profit margin of less than 5%, its lowest during the crisis. more

05.13.2014

Silviu Popovici, who is running PepsiCo’s around $5 billion business in Russia for a year and a half, says he will return to Romania in 5-10 years, but does not rule out his taking over the more

04.23.2014

Coca-Cola HBC Romania, leader of the domestic soft drinks market, in the first three months of this year hired more than 30 people, both in the commercial department and in the procurement chain, and more

02.11.2014

Prigat, Giusto and Cappy were the best-selling JNSD (juice, nectars, and still drinks) brands in Romania in 2012 on a market that amounts to about 170 million liters a year, according to market more

02.06.2014

Total Soft, one of the leading local software developers controlled by Greek private equity firm Global Finance, posted EUR27.1 million consolidated revenue last year, up 2.3% on 2012. more

02.05.2014

Romanian business software provider Total Soft registered consolidated turnover of EUR27.1 million in 2013, up 2.3% on the year, due to an increase in the number of users of ERP (enterprise resource more

01.24.2014

The year 2013 was a year of revenue growth, though modest, because the rainy summer and low consumer income affected the entire soft drinks market, says Levent Yuksel, the executive who runs the local more

10.22.2013

The shareholding structure of Romanian business software provider Total Soft will remain unchanged this year, while changes are likely to occur in the next years, Total Soft general manager Liviu more

10.14.2013

Coca-Cola, Borsec and Frutti Fresh were the best-selling soft drink brands last year (including bottled mineral water). The three hold an over 28% share of the market by volume, shows a ZF analysis more

06.07.2013

Romanians now consume 2.8 billion liters of soft drinks and of bottled mineral water per year, over 20% more than in 2005. Consumption per capita has reached around 130 liters. Last year the market more

06.06.2013

Romanian IT firm Total Soft has provided a Human Resource (HR) automation solution to telecom operator Vodafone Romania. more

01.23.2013

Romanian IT firm Total Soft appointed Brandusa Fecioru as human resources manager, replacing Oana Cutui, who was promoted to cost control manager. more

10.25.2012

The energy drinks market, the most dynamic among soft drinks after its value quadrupled from 2005 through 2010, is showing the first signs of stagnation this year. more

06.14.2012

Azuga Waters, owned by Violeta Moraru and her husband Valeriu Moraru, has completed the acquisition of the previously rented assets at the plant in Azuga (southern Romania). more

12.15.2011

Violeta Moraru and her husband Valerii Moraru who control the mineral water business Azuga Waters says that production of a new soft drinks brand, Santiago, will begin in January 2012. This is the more

11.10.2011

Carbonated soft drinks, mineral water and roasted coffee are the products that account for the highest share in Romanians’ food basket, in terms of value and not in terms of consumer basket volume. more

10.24.2011

The sales of IT firm Total Soft may rise by 20%-25% this year, to EUR25 million, while earnings before interest, taxes, depreciation and amortization (EBITDA) may rise by 35% on the year, to EUR5 more

10.24.2011

At 28, Oana Bulmez is the youngest brand manager in PepsiCo's beverage division, with turnover of almost EUR150 million according to ZF estimates. Bulmez is one of four brand managers younger than 35, more

10.17.2011

Coca-Cola HBC Romania, the largest competitor on the beverage market of this country with over EUR400 million sales last year, has recruited Dan Timotin as its chief financial officer. more

07.14.2011

The heat advisory issued for this period is good news for at least 20 beverage industry managers, with over EUR1.5 billion sales, given that beer and soft drink sales spike in such contexts. more