07.29.2015

The seven franchised restaurants McDonald’s has in Romania posted average revenue of 7.7 million lei (EUR1.74 million) last year, 7% to 9% higher than that of restaurants directly operated by the US more

07.14.2015

The value of local food products available on the Romanian market rose 15% in the first six months, at EUR11.5 billion, from EUR10 billion in the same period a year before, agriculture minister Daniel more

07.07.2015

Prices dropped 12% in June after the VAT rate was lowered to 9% on food, said Agriculture Minister Daniel Constantin, adding the measure has boosted consumption. more

07.02.2015

The VAT cut on food items has triggered an average price decrease of 11% and a 17% sales increase, according to a survey from market researcher Nielsen. more

05.18.2015

German company Delivery Hero, which operates the world’s largest online food ordering network, joined the shareholding structure of local food ordering platforms Oliviera.ro and Quicky.ro, through more

04.10.2015

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

04.07.2015

Food prices in Romania will go down by 15% starting June, following the planned cut in the value added tax rate for all food products, to 9% from 24% currently, Sorin Minea, head of the food industry more

03.30.2015

U.S. giant McDonald’s, a symbol of American capitalism, has sold its Romanian business to a Russian entrepreneur who will thus take over the master franchise of the almost 70 restaurants with more

03.22.2015

Local entrepreneur Florin Balu, founder of the Snack Attack restaurant chain sold to private equity firm Global Eye Investment in 2012, has invested about EUR100,000 together with Fratelli owners in a more

03.15.2015

Romania’s agri-food exports totaled EUR5.4 billion in 2014, up 6.1% on the year, while imports rose 2.6% on the year to EUR4.9 billion, Agriculture Ministry said in a statement. more

03.03.2015

In 2014, the almost 2,000 filling stations of Romania generated sales of 40.9 billion lei (EUR9.3 billion), including station store sales, around 4% higher than in 2013. The slightly declining volumes more

02.24.2015

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

02.19.2015

Just 2% of Romanians eat out every day and around 20% eat out up to three times a week, men more than women, and they prefer fast service restaurants that serve burgers, kebabs, fried chicken and more

02.03.2015

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

01.30.2015

Romanian restaurant chain SaladBox of Cluj, set up by several Romanian entrepreneurs two years and a half ago, plans to open five units in Germany, after having recently opened its first restaurant in more

01.08.2015

More than 70% of the monthly consumption expenditures of a Romanian household go to food, utilities and fuel. Conversely, the least money, 0.5%, is spent on education. more

12.23.2014

US fast-food chain Burger King has already set its plans for its second try on the Romanian market: 30 restaurants for the next four years and investments of several million euros, according to local more

12.17.2014

Romanian food retail, a market of almost 1,500 stores and annual sales of RON35-40 billion (EUR8-9 billion), has in the past year undergone a series of changes that reconfigured players’ positions. more

12.02.2014

PepsiCo's plant in Dragomiresti (Ilfov), the production unit of Greek Olympus near Brasov and the Albacher plant built by Romaqua Group are the largest greenfield investments operated in the local more

11.24.2014

A lower VAT on dairy products, meat and other foods would have a positive impact on the local economy, since Romanians spend as much as 50% of their income on food, says Cornel Caramizaru, sales more

11.06.2014

Almost 13,000 companies and over 30,000 jobs were wiped out from the map of food retail between 2008 and 2013. During the same period, modern retail area expanded by around 77%, while the number of more

10.31.2014

The financial crisis and the aggressive expansion of foreign networks toppled the first generation of entrepreneurs in Romania’s food retail, but a new generation is trying to enter the race against more

10.20.2014

Romania’s agri-food exports have increased seven-fold in the past decade and saw a surplus in 2013 for the first time in twenty years, but the country’s position on the international market more

10.16.2014

Romanians spend around EUR300 annually on packaged food, twice as little as Croatians or Estonians, who rank first in Eastern Europe, reveals a ZF survey based on data provided by Euromonitor company more

10.14.2014

Romania's food industry sends 47 producers and processors to Paris to the most important food show in the world, SIAL (October 19-23), in a bid to boost exports. more