25 mar 2015

Employers are moving a greater share of the salary fund towards a variable payment in an attempt to stimulate performance of their employees and cut costs, the HR managers attending the ZF HR more

24 mar 2015

Giampaolo Manzonetto, the Italian who has been in charge of the local operations of juice producer Parmalat for the last 12 years, has been appointed general manager of the main companies the Lactalis more

23 mar 2015

As the living standards in Romania improve, the coffee shop market will stabilize and more and more places will open where Romanians could go out for a cup of coffee, says Dan Ursu, owner of Pro more

20 mar 2015

Last year was a good one for Heidi Chocolat, the largest local chocolate exporter, which saw about 10% growth in revenue, largely because deliveries to foreign clients, says managing director Franco more

20 mar 2015

Fuchs Condimente Ro, a major player on Romania’s spice market, took over Bucharest-based packaging producer Flexfoil last year, according to Official Gazette data. more

13 mar 2015

Claudiu Dorcioman, the Romanian who was appointed last year as head of beverage sales at giant PepsiCo in Romania, says the way the structure of retail has changed in recent years, with major networks more

11 mar 2015

Romania needs a clear strategy to attract foreign tourists and needs to promote a niche segment abroad in the context where its seaside is not an attractive destination because of the prices that are more

6 mar 2015

Jaak Mikkel, the Estonian executive who took the reins of Coca-Cola HBC in Romania in mid last year says he wants to boost sales volumes, after the bottler ended last year with a 6% volume decline. more

5 mar 2015

J’Info Tours, a travel agency owned by Romanian entrepreneurs Carmen and Aurel Pavel, is expecting revenue growth of about 20% this year, after having ended last year with an increase of 15% to 18% more

4 mar 2015

Coca-Cola HBC Romania, the leader of the soft drinks market, climbed 60 spots among the largest local exporters, from 344 in 2013 to 284 in 2014, according to the National Statistics Institute. more

3 mar 2015

More than 11,000 women started their own business last year, bringing the number of female shareholders in Romanian companies to almost 420,000, according to a ZF analysis based on Trade Registry more

27 feb 2015

The five largest importers in Romania generated 12% of the country’s imports or EUR7 billion last year. The main destinations of such imports were the oil and automotive industries, ZF has found more

27 feb 2015

The local sweets market in 2014 reached 27,000 tons, almost 5,000 tons (20%) higher than in 2009, but consumption is still considerably lower compared with other European countries, reveals a ZF more

25 feb 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

24 feb 2015

The Macromex group, the largest local frozen product distributor controlled by Romanian entrepreneur Dan Minulescu, has sold four of its companies to Denmark-based BPI and Westcon, according to data more

24 feb 2015

Coca-Cola HBC Romania, leader of Romania’s soft drinks market, climbed 60 spots in the ranking of the biggest local exporters, from 344 in 2013 to 284 last year, according with National Statistics more

23 feb 2015

There is room for another 10-15 McDonald’s units in Romania, both in and outside Bucharest, said Daniel Boaje, the Romanian who has run the local operations of the US giant since 2011. However, no more

23 feb 2015

If the government drops the coffee excise duty that starts at EUR153/ton and is one of the steps included on its fiscal relaxation list, the move will be good for market, say the officials of more

19 feb 2015

Ryanair, Europe’s biggest low-cost carrier, says it expects 500,000 passengers this year and 1 million passengers in 2016 after having kept a low profile in the first 6 years of presence in Romania. more

18 feb 2015

Breakfast cereal consumption in Romania rose by 14% in 2008-2014 to around 14,000 tons, but it’s still low compared with the level registered in West European countries such as Germany or France, more

18 feb 2015

Nutline, a Romanian seed brand launched in 1998 and now part of German-held Intersnack’s portfolio, has reached Germany’s market. more

17 feb 2015

Romania’s official spirits market in 2014 contracted by 20% by volume and 5% by value on the hiked alcohol excise that pushed prices higher and drove consumption to the unfiscalized market, reveal more

17 feb 2015

Schogetten chocolate brand produced in Germany in 2013 registered sales worth some EUR22 million (around $30 million) in Romanian retail, according with ZF calculations based on Canadean data. more

13 feb 2015

The Borsec brand of Romanian-held Romaqua Group is close to beating Coca-Cola on the market of soft drinks and bottled mineral water, ZF has found from market research company Canadean data. more

3 feb 2015

ETI, the Turkish confectionery producer that is now investing EUR40 million in a sweets plant in Craiova, southern Romania, has started hiring for the facility that will be completed in the second more