09.23.2015

Quadrant-Amroq Beverages (QAB), bottler of PepsiCo on the local market, will merge through absorption with Vitarom Impex, the manufacturers of mineral water Valea Izvoarelor and soda glass bottler more

08.11.2015

The Aqua Carpatica brand created by businessman Jean Valvis in 2010 sold better than still mineral water brand Izvorul Alb in January-May, which the same entrepreneur created 15 or 20 years ago and more

07.13.2015

Businessman Jean Valvis has taken Aqua Carpatica mineral water brand to US retail chains’ shelves, in an attempt to develop his international operations, which should generate 50% of revenue in more

05.26.2015

Romaqua Group, the largest Romanian beverage business, ended last year with 11.4 million lei (EUR2.6 million) net profit, eight times higher than in 2013, according to Trade Registry data. more

02.13.2015

The Borsec brand of Romanian-held Romaqua Group is close to beating Coca-Cola on the market of soft drinks and bottled mineral water, ZF has found from market research company Canadean data. more

01.22.2015

Businessman Jean Valvis, the founder of brands Dorna and LaDorna, which he sold to Coca-Cola and Lactalis, says that his new bets in the industry of mineral water (Aqua Carpatica) and wine (Domeniile more

01.20.2015

Zizin, the mineral water brand produced by Brasov-based company Apemin Zizin, posted a 37% increase in sales in 2014 and the company wants to maintain the brand’s upward trend this year. more

08.15.2014

The introduction of the EUR0.07 excise duty per liter of fuel in April affected not only carriers but also companies in the bottled water industry, which had to raise prices or swallow most of the more

08.14.2014

The tax evasion that reached about EUR23 billion last year, or 16.2% of the gross domestic product, is robbing Romania of 5,000 kilometers of highways that it could build with this money in one year more

06.10.2014

Carpathian Springs, the company that produces mineral water brand Aqua Carpatica, created by businessman Jean Valvis, ended 2013 with revenue of 55.5 million lei (EUR12.6 million), up 65% on the year. more

05.29.2014

Brasov-based Apemin ZIZIN, the producer of the ZIZIN natural mineral water brand, expects revenue of EUR15 million this year, up around 50% from 2013, according to ZF calculations based on company more

05.28.2014

Romaqua Group, Romania’s largest producer of natural mineral water, ended last year in the black after having piled up losses of 12 million lei (around EUR2.7 million) during the 2011-2012 period, more

12.31.2013

Aqua Carpatica, the mineral water brand created by businessman Jean Valvis in 2010, has come to compete against traditional brands such as Borsec and Dorna in the past few years. more

12.17.2013

Production of Borsec, the best-selling mineral water brand in Romania, has gone up 20-fold after becoming part of Romaqua Group portfolio, to 320 million liters last year. more

12.05.2013

PepsiCo’s Vitarom Impex sold EUR1.8 million worth of Valea Izvoarelor natural mineral water bottled in PepsiCo’s plant in Covasna, central Romania, last year. more

10.18.2013

Foreigners are more confident in Romania’s development potential than Romanians themselves, Viscount Etienne Davignon, chairman of financial group Bilderberg, said in Bucharest Thursday. more

07.17.2013

Carpathian Springs, owner of mineral water brand Aqua Carpatica, created by businessman Jean Valvis in 2010, doubled its turnover in 2012 to about 34 million lei (EUR7.5 million), according to ZF more

06.07.2013

Romanians now consume 2.8 billion liters of soft drinks and of bottled mineral water per year, over 20% more than in 2005. Consumption per capita has reached around 130 liters. Last year the market more

04.22.2013

Winemaker Tohani is branching out into mineral water under the Cheile Bicazului brand after having bought the majority stake in its bottler Naturalaqua Group early this year. more

04.16.2013

Romaqua Group, the bottler of the Borsec mineral water, accounts for 38% of the total mineral water production in Romania, three times more than its main rival, Coca-Cola HBC Romania (Dorna), more

02.04.2013

Mineral water consumption increased by about 5% in 2012 after three years of decline, according to the estimates of Adrian Feru, research manager of Romania’s National Company of Mineral Waters more

12.14.2012

Romanian mineral resources agency ANRM estimates it will collect royalties amounting to EUR24.3 million in the next 20 years from five companies which exploit natural mineral water, clay and diorite more

12.10.2012

Romania’s Government plans to carry out a geological research program countrywide, between 2013 and 2016, to evaluate its underground reserves of potable and industrial water, in a move to more

10.19.2012

Sales of mineral water could see a single-digit increase this year, ollowing several years of decline, according to Adrian Feru, research and development manager of the National Company of Mineral more

09.18.2012

Romania’s mineral water producers saw their sales up 8% on year in the first eight months of 2012, driven by the hot weather this summer and the increased interest in a healthy lifestyle among local more