05.20.2024

Consumer goods giant Unilever has invested EUR12 million in its ice cream factory in Suceava over the last four years and plans to invest another EUR4 million in 2024 and 2025. more

10.31.2022

Romanian ice cream producer Ice Dyp Balas from Timis County, controlled by Vasile and Maria Balas, posted more than RON50.6 million (EUR10.3 million) revenue in 2021, up 4.6% compared with the more

12.06.2021

Mihaela Cuturescu was appointed Chief Executive Officer (CEO) of Romanian ice cream producer Alpin 57 Lux, headquartered in Sebes (Alba County), in November 2021. more

08.04.2021

Romania’s ice cream production decreased by more than 17% to merely 34.02 million liters last year from 41.36 million liters in 2019, Eurostat data show. The country was behind Finland and more

04.05.2021

French-held Smart Wood group, which makes wooden coffee stirrers and ice cream sticks, has almost completed its investment in a EUR10 million plant in Onesti, Bacau County. more

12.09.2020

Romanian ice cream producer Ice Dyp in Timis County is entering the craft ice cream market after having bought Ati Cream plant in Harghita County from Romanian entrepreneurs. The officials of the more

09.22.2020

Italian artisanal ice cream brand La Romana, brought to Romania by telecom retailer Arsis, is starting to expand in franchise system, and the first gelato shop was opened within AFI Cotroceni shopping more

09.21.2020

Latvian food production and distribution group Food Union, which owns 80% in ice cream producer Alpin 57 Lux in Alba County, says there has been a change of mentality and behavior due to the COVID-19 more

07.14.2020

Ana Consulea, a confectioner and the founder of the Zexe Braserie brand, has recently launched an ice cream shop in Bucharest’s King Michael (Herastrau) Park area, following a total investment of more

05.11.2020

The ice cream division of Unilever, a group which also sells cleaning, personal care or other foods and beverages, has been affected by the COVID-19 pandemic, but its officials are optimistic about more

03.31.2020

Ice cream manufacturer Top Gel Prod ended 2019 with 74.5 million lei (EUR15.7 million) revenue, slightly lower than in the previous year, Finance Ministry data show. The company posted RON16.2 milion more

02.27.2020

The first Mövenpick ice cream parlour in Romania, a Swiss ice cream brand brought to Romania in franchise system, has been inaugurated within Baneasa Shopping City. The owners of the business aim to more

08.21.2019

Ice cream manufacturer Ice Dyp Balas in Carpinis, Timis County, is investing EUR5.7 million in a new plant in the same town to double production capacity. more

06.14.2019

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04.05.2019

Romanian consumers spend EUR200 million on ice cream a year, and the market is controlled by the major players. There are seven major players in Romania getting most of the sales, i.e. 85% to 90% of more

03.27.2019

Romanian-German-held Cremeria Emilia ended 2018 with EUR4 million revenue from nine locations after three years in business. more

11.06.2018

Romania’s ice cream market, put at EUR200 million, has undergone a series of significant changes over the past two decades, from entry of new players to acquisitions among the companies already more

08.15.2018

Romania was the ninth largest ice cream producer in the European Union in 2017, with a production volume of 46.8 million liters (enough to fill 514 million ice cream cones, according to ZF estimates), more

03.09.2018

Kubo Ice Cream, one of the largest ice-cream producers in Romania, which makes the Amicii ice-cream brand, entered bankruptcy nearly two years after going insolvent. more

02.02.2018

Five ice cream manufacturers built by Romanian entrepreneurs – Betty Ice (to be taken over by Unilever), Top Gel, Alpin 57 Lux (acquired by Food Union), Kubo Ice Cream (insolvent) and Ice Dyp Balas more

01.12.2018

Private equity firm Abris Capital is nearing completion of talks to buy ice cream producer Betty Ice, market sources say. Vasile Armenean, owner of Betty Ice, denied the information, while Abris more

12.12.2017

Ice cream manufacturer Betty Ice, the largest Romanian-held such company, expects some EUR30 million revenue this year, up about 8% on 2016, ZF has calculated from the information the company more

08.30.2017

Entrepreneur Petre Popa, who established ice cream producer Top Gel in Craiova two decades ago, is in talks with several strategic and financial investors over selling it. more

06.19.2017

Ice cream production in Romania stood at more than EUR80 million last year, higher than in 2015, but was unable to rebound and reach the 2009 level, the highest in the past eight years, ZF has found more

03.28.2017

Betty Ice, one of the largest Romanian ice cream producers, ended last year with about 125 million lei (EUR28 million) revenue, up about 10% on 2015. more