14 ian 2020

Maspex Romania, one of the largest producers of soft drinks and snacks in the country, plans to invest EUR24 million in its center in Valenii de Munte (Prahova) in 2020-2021, in order to boost more

13 ian 2020

Furniture manufacturer Aramis Invest in Baia Mare held by local entrepreneurs Vladimir Iacob and Marius Selescu ended 2019 with growth of 7% in revenue compared with the previous year, the data the more

9 ian 2020

Nicoltana, the bottler of the KEIA and Izvorul dintre Brazi mineral water brands, ended 2019 with growth of 18% in revenue compared with 2018, the company says. Nicoltana posted 35.7 milion lei (some more

3 ian 2020

Turkish group Sora Cosmetics has acquired Alix Avien Cosmetics, which distributes cosmetics, perfume and personal care product brands such as Alix Avien, Dalin, Sesu and XO in Romania, market sources more

19 dec 2019

The tourism market keeps getting bubblier and bubblier, following the entry of Germany’s Dertour, which bought the travel division of Eurolines, the owners of Christian Tour will be operating the more

13 dec 2019

Eden Springs, the largest actor on the bottled watercooler market in Europe, is interested in buying La Fantana, the leader of this market in Romania, market sources say. more

10 dec 2019

The year 2019 came with a slowdown in consumer spending in Romania but the food and beverage industry remained buoyant, with new investments announced and new product launches. more

3 dec 2019

The ten largest employers in the food and beverage industry had more than 17,000 employees together in 2018, over 1,300 more than in 2008, ZF has found from the data on the listafirme.ro website and more

27 nov 2019

Carmistin group, which has more than 20 chicken, pork, beef and farming companies, has invested EUR18 million this year to develop its farms and boost production capacity. more

26 nov 2019

Henri Coanda (Otopeni) Airport, the largest airport in Romania, served 11.2 million passengers in the first nine months, 6.8% more than in the year-ago period, Airports Council International (ACI) more

19 nov 2019

Material handling specialist Elmas, based in Brasov, will see exports account for 20% of its estimated 153 million lei (EUR32 million) revenue in 2019, says general manager and main shareholder more

12 nov 2019

Consumption of fruit juice and nectars rose almost 5% to 67 milion liters or a little more than 3.5 liters per capita in Romania last year, ZF has found from European Fruit Juice Association (AIJN) more

11 nov 2019

The biggest international hotel brands have more than 8,600 rooms in Romania, with more than 600 rooms becoming available in the last two years up to October 2019, ZF has found from market data. more

8 nov 2019

Meat processing and ready-meal manufacturer Angst owner Sorin Minea is willing to bet on retail again and open about 20 Angst stores by the end of 2020. more

22 oct 2019

Albalact, the largest actor on the 5 billion lei (EUR1.2 billion) dairy market in Romania, ended 2018 with RON620 million revenue, up 5% on the previous years, Finance Ministry data show. This is its more

18 oct 2019

Bookstore chain Diverta will continue to invest in rebranding the existing bookstores and in opening new ones in Bucharest and the rest of the country, says CEO and minority shareholder Amalia Buliga. more

20 sep 2019

Flag carrying airline Tarom posted 624 million lei (EUR132 million) revenue in the first half, 17% higher than in the year-ago period. However, it remained in the red, and the last year it posted more

18 sep 2019

Betty Ice, the largest ice cream producer in Romania, ended 2018 with 146 million lei (more than EUR31 million) revenue, up 15% compared with 2017, Finance Ministry data show. more

18 sep 2019

Swedish-held private investment firm Greenbridge has acquired 75% in Rus-Savitar-Casa Rusu group, one of the largest furniture manufacturers and retailers in Romania. more

16 sep 2019

Romaqua Group, the largest bottler of natural mineral water in Romania, whose brands include Borsec, Aquatique and Stanceni, will get more than 28 milion lei (some EUR6 million) state aid to expand more

16 sep 2019

IKEA Romania, the local subsidiary of the Swedish furniture and home decor retailer by the same name, ended the 2018 with a net loss of 8 million lei (EUR1.7 million), compared with a net profit of more

12 sep 2019

Romania had more than 29,000 hotel rooms under various independent and international chain affiliated brands, three times fewer than Poland and half the number in Bulgaria and Czech Republic, ZF has more

12 sep 2019

Cotnari, a winemaker based in Iasi County (NE Romania) ended 2018 with almost 159 million lei sales (EUR34 million), an increase of 7% on 2017, Finance Ministry data show. more

5 sep 2019

Furniture manufacturer Aramis based in Baia Mare, ended the first half with 11% higher revenue than in the same time last year, the company said. more

30 aug 2019

ADA Fabrica de Mobila, a top ten furniture manufacturer in Romania, posted 182 million lei (EUR39 milion) revenue in 2018, down almost 7% over 2017, Finance Ministry data show. more