30 nov 2017

Entrepreneur Damian Mereu who owns biscuit manufacturer Croco in Onesti (Bacau County, eastern Romania), has put the business up for sale, market sources told ZF. The market values the company at more

30 nov 2017

Hungarian Post and private equity firms Mid Europa and Warburg Pincus are on the short list of investors who could buy courier service and express delivery company Urgent Cargus from Abris Capital more

28 nov 2017

Romania is one of the biggest winemakers in Europe, but exports less than 5% of its production, mainly to UK and Germany. Romanian cultivars account for less than 25% of the vineyards in the country. more

24 nov 2017

Quadrant Amroq Beverages (QAB), the local beverage division of PepsiCo, ended the first half with 412 million lei (EUR91.5 million) revenue, an increase of 6% on the year-ago period, ZF has found. more

24 nov 2017

Meat industry group Kosarom Pascani exports 17% to 20% of its meat production to countries like Germany and Spain, says founder and development director Neculai Apostol. more

23 nov 2017

Therme Nord Bucuresti, the company that manages the wellness and relaxation complex Therme near Bucharest, posted 47 million lei (more than EUR10 million) revenue in the first half, higher than in the more

22 nov 2017

Agroland, a company developed by entrepreneur Horia Cardos, which sells feed, pet food, day-old chicks, garden products and seeds and agricultural machinery parts, will end this year with 20% rise in more

22 nov 2017

Aquila Part Prod Com, the largest company of the Aquila group in Ploiesti (Prahova County, southern Romania) held by entrepreneurs Alin Dociu and Catalin Vasile, ended the first half with more than more

31 oct 2017

Coca-Cola HBC Romania is the largest business on the soft drinks market in Romania with its 2.2 billion lei (EUR479 million) revenue and has expanded into the coffee market via a partnership with more

24 oct 2017

Radu Timis, the owner of meat processor Cris-Tim, says he is considering going public, but has not started the process yet. more

24 oct 2017

Dairy producer Albalact based in Alba Iulia (central Romania), a business built by Raul Ciurtin and acquired by France’s Lactalis last year, posted more than 282 million lei (EUR62.6 million) more

23 oct 2017

International hotel groups have 51 hotels in Romania at the moment and the market is expecting new openings under such brands as ibis, Mercure, Radisson Blu and Hilton. more

20 oct 2017

Ursus Breweries, the largest brewer in Romania, posted 8% to 10% higher sales in the first half compared with the year-ago period and its growth rate was higher than the overall market’s. more

12 oct 2017

Private equity firm Warburg Pincus, Hungarian Post and the Austrian Post are on the short list of companies interested to buy Urgent Cargus, the second largest actor on the courier service and express more

9 oct 2017

Coca-Cola HBC Romania has appointed Andreas Pelekanos to replace Dragos Ion as chief financial officer, who was promoted to CFO of the Coca-Cola bottler in Nigeria, a country where the Romanian more

6 oct 2017

Chocolate manufacturer Heidi, which has a plant in Pantelimon (Ilfov County, near Bucharest), will focus on boosting exports over the coming period, which have already reached 60% of its revenue. more

3 oct 2017

Three of the top ten meat processing businesses in Romania are foreign-held and two of them, Caroli Foods Group and Elit Cugir, were acquired in the past month. This was one of the few major sectors more

29 sep 2017

Logistics company UPS ended the first half with growth of about 35% in export services in Romania and growth will continue in the second half, too, says Jim Kearney, who has been running the local more

25 sep 2017

The local bakery industry cannot be competitive with other markets in the region mainly because of the logistics and transportation costs, which led to a rise in imports, especially of frozen bread, more

22 sep 2017

Five major food and beverage companies among the 15 businesses with the highest growth in sales in the past five years have changed owners. Two of those companies are dairy producers, ZF has found more

21 sep 2017

The ten most profitable companies in the fast-moving consumers goods industry posted more than 1.7 billion lei (almost EUR400 million) net profits together in 2016, up 73% on 2008, the reference year more

20 sep 2017

Carniprod Tulcea, one of the biggest meat processors in Romania, expects double-digit growth in revenue in 2017. The company could see more than 84 million lei (almost EUR19 million revenue) this more

18 sep 2017

Romania’s bags and luggage market, where products imported from Asia continue to get most shelf space, reached 800 million (EUR178 million) last year, up almost 8% on 2015, according to market more

14 sep 2017

Low-cost airline Ryanair, which stepped up development in Romania in 2015, carried about 900,000 passengers to and from the Henri Coanda (Otopeni) Airport in Bucharest in the first half, according to more

31 aug 2017

Grain and farm input provider Agroind Cauaceu is set to open its fifth grain handling and storage facility in Batar, Bihor County (NW Romania). more