15 iun 2015

Mars Romania, the importer of Snickers, Twix, Bounty and Mars sweets brands, posted 213 million lei (EUR48 million) revenue in 2014, an increase of 6% on 2013, according to ZF’s calculations based more

12 iun 2015

Quadrant-Amroq Beverages, the local bottler of PepsiCo, ended last year with 611 million lei (EUR137 million) revenue, an increase of 5% on 2013, according to ZF’s calculations based on Finance more

12 iun 2015

Mondelez Romania, the importer of Milka, Poiana and Jacobs, has climbed to the top spot on the sweets and coffee market by total sales, beating Nestle (Joe and Nescafe), ZF has calculated based on more

12 iun 2015

Fan Courier has met or even exceeded its targets so far, helped by the growing market, says Adrian Mihai, one of the shareholders of the largest private courier service company in Romania. more

11 iun 2015

Macromex, one of the largest distributors of fast moving consumer goods on the Romanian market, aims to become the leader of the EUR170 million ice-cream market by 2018. more

3 iun 2015

The five largest fast moving consumer goods distribution businesses in Romania posted overall growth of almost 9% in revenue to more than 2.5 billion lei (EUR563 million) last year, ZF has found from more

27 mai 2015

There is room for development of new hotels in Romania, says Frank Reul, the Belgian executive put in charge of the operations of the French hotel chain Accor in Romania, Macedonia and Bulgaria early more

26 mai 2015

Romaqua Group, the largest Romanian beverage business, ended last year with 11.4 million lei (EUR2.6 million) net profit, eight times higher than in 2013, according to Trade Registry data. more

11 mai 2015

Alexandra Copos de Prada, who took the reins of the Copos family hospitality and bakery businesses one year and two years ago, plans to turn Ana Pan into the leading retailer of bakery and more

8 mai 2015

The automotive industry in Romania, an EUR18 billion business divided between automotive component manufacturers and the two automakers, Automobile Dacia and Ford, has attracted the attention of a more

7 mai 2015

Auchan Romania, one of the largest local retailers, posted 3.7 billion lei (EUR834 million) in sales last year, an increase of 64% on 2013, but much lower than the EUR1 billion target set for 2014, more

7 mai 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

4 mai 2015

The private labels of the major retail chains have reached 22% of the total sales of dairy products, putting more and more pressure on the established brands such as Zuzu, Napolact, LaDorna and more

29 apr 2015

Local courier service market leader FAN Courier ended the first quarter with a 19% rise in sales, which is more than budgeted and wants to end the year with 383.7 million lei (EUR87 million) revenue. more

22 apr 2015

The Romanian dairy market will not see major acquisitions considering major players have sufficiently big production capacities to grow on their own, said Jan Willem Kivits, who has run for the three more

21 apr 2015

Bucharest’s five-star hotel Radisson Blu and the land plot known as Casa Radio project are the most important assets controlled in Romania by Israeli billionaire Mordechay Zisser, through Elbit more

15 apr 2015

There are more than 500 companies in the non-alcoholic beverage, mineral water and other types of bottled water (NARTD) production business in Romania, but only 330 of them actually generate any more

14 apr 2015

JW Marriott, Crowne Plaza and Howard Johnson, three of the most important hotels in Bucharest, have changed their chief executive officers in the last six months, putting only foreign executives at more

10 apr 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

8 apr 2015

Tourism, a sector with almost 7,000 hotel companies that generate 4 billion lei (almost EUR1 billion) revenue a year, saw the government deciding to cut the value added tax to 9% for accommodation more

7 apr 2015

The fast moving consumer goods market witnessed legislative changes in the cigarette business, several changes of managers such as the head of Lactalis Romania and Mondelez, Milka importer, as well as more

3 apr 2015

Low-cost airline Ryanair will come to operate flights to seven destinations from Bucharest’s Henri Coanda airport by yearend and wants to carry 700,000 passengers per annum in Romania. more

1 apr 2015

Adria and Frutti Fresh, owned by European Drinks, the company of Micula brothers of Bihor, kept close to Coca-Cola and Pepsi in 2014 as well in terms of volumes sold on the local market of soft more

30 mar 2015

The average occupancy rate of Bucharest hotels rose by 9.3% last year, to 63%, with the Romanian capital city boasting one of the biggest increases of this indicator among ten states of southeastern more

27 mar 2015

Accor plans to buy several hotels in three key cities in Romania, a country the French see as interesting for investments also owing to the results of Renault’s Mioveni plant, says Laurent Picheral, more