28 oct 2014

The local soft drinks market, dominated by international names such as Coca-Cola or Pepsi, in 2013 dropped by around 4% in volume and 2014 is not set to be a better year for the industry because of more

28 oct 2014

TMK-Artrom, a company controlled by Russian group TMK, registered 2% growth in production in the first nine months of this year. The European market is still stalling, but outlooks are positive for more

28 oct 2014

Germany’s group Metro Cash&Carry collaborates with 100 Romanian fruit and vegetable producers. more

27 oct 2014

The five banks with local operations present on the list of the 25 European groups that failed the European Central Bank's stress and asset quality test manage assets worth above EUR10 billion on the more

27 oct 2014

This year’s clunkers scheme wound up last week, with 20,641 new passenger cars sold, out of which 3,641 cars were purchased by legal persons and public institutions. more

27 oct 2014

Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that was more

27 oct 2014

Heavy trucks, of above 18 tons, mainly used in international shipments, were the most dynamic segment of the vehicle market in the first nine months of this year, with a 33% increase, to over 3,300 more

24 oct 2014

Mega Image will maintain its focus on Bucharest, where it already owns almost 80% of the 360 stores it has in Romania, says Xavier Piesvaux, the executive who has been running the company’s local more

24 oct 2014

Romanians consume on average around thirty 20-gram wafers annually, on a market where bulk products still account for over one quarter in total wafer volumes sold, reveals a ZF survey. more

24 oct 2014

BCR and UniCredit Tiriac, two large banks in Romania, granted funding worth EUR75 million to Romanian fertilizer producer Azomures. The company will use the money to upgrade its two ammonia plants. more

23 oct 2014

“At the moment local output, both of Romanian producers and of foreign investors, regains its well-deserved position in the local economy, then Romania will achieve economic growth of 5%,” said more

23 oct 2014

The trend of modern retailers in Romania positioning themselves next to direct or indirect rivals has become ever more visible lately as the battle for clients has turned fiercer. Moreover, retailers more

23 oct 2014

Exports of Romanian manufacturer of veterinary drugs and vaccines Romvac are likely to reach 10% of revenue in 2014, six years after it started abroad deliveries, says Constantin Chiurciu, the more

23 oct 2014

Online sales are likely to come to 5% of IKEA Romania revenue in 2015 financial year (that started in September and will end in August 2015), but growth potential on this segment is higher than that more

22 oct 2014

Three of the 20 largest consumer goods producers in Romania have changed their executives in the past year, with two of the moves having at their center the leader of the soft drinks market (Coca-Cola more

22 oct 2014

Consumers’ appetite for Romanian taste has become an annual business of several tens of million euros for retailers, according to ZF estimates. However, behind brands such as “Bun, din Romania” more

22 oct 2014

Prices will continue to fall next year and the “scary part” is consumers’ lack of appetite for long-term contracts, says Daniela Lulache, general manager of Nuclearelectrica, the company that more

22 oct 2014

The building of Baneasa plant in northern Bucharest was demolished to make room for an office building and a store German retailer Lidl is set to erect on one quarter of the five-hectare plot. more

22 oct 2014

Danish furniture and home décor retailer JYSK will open three stores in Romania by yearend, after it has added seven new units to its network so far this year. more

22 oct 2014

Exports of Dacia and Ford cars dropped by almost 13% in the third quarter from the year-earlier period, according to data provided by the Automotive Manufacturers and Importers Association (APIA). more

21 oct 2014

Despite a year that has witnessed a lot of moves, the consolidation of Romania’s do-it-yourself (DIY) market is not over, according to major players in the field, which believe other networks will more

21 oct 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

21 oct 2014

Demand from business clients is weaker than demand coming from retail users as companies are still concerned with slashing costs, states Jean Francois Fallacher, chief executive officer of Orange more

21 oct 2014

SMEs, infrastructure and EU funds should be Romania’s priorities for the country’s economy to register growth of above 5%, says Robin van Rozen, Philips chief executive officer for Southeastern more

21 oct 2014

Romania could double its annual wine production if it had funding to replace hybrid vines with noble ones in the context in which it currently ranks fifth in the world by cultivated areas, but more