Reporter
Florentina Nițu
- Fields
- Companies, Analysis, Retail&Consumer
- Writing for ZF since
- 2021
- Articles
- 181
Maxagro Group Buys Ecological Farm for EUR25M
Maxagro group, owned by brothers Ianco and Ioji Zifceak, cultivating 10,000 hectares with grain conventionally in Timis county, has entered the niche of ecological farming by acquiring an al...
Mihai Miron Sells Hunedoara Dairy Plant to Lacto Food
Romanian entrepreneur Mihai Miron, who controls Ropharma group, a major player on the pharma market, as well as Sf. Constantin hospital of Brasov, sold the dairy plant of Baru, Hunedoara, to...
Global Grain International Ends 2021 with RON2.4B Turnover, 9 Times Higher YOY
Grain trader Global Grain International, which also operates the vegetal oil plant Ultex of Tandarei, Ialomita county, in 2021 generated turnover worth RON2.4 billion, nine times bigger than...
Trading Line Group Due to Invest EUR50M to Expand Ship Fleet
River transport company Trading Line Group, majority held by Paul Ivanov, is set to invest EUR50 million to boost its vessel fleet.
Prodal 94 Ends 2021 with RON116.5M Turnover, Up 54% YOY
Prodal 94, a major producer on Romania’s spirits market, controlled by Iranian businessmen Jabbar Kanani and Bagher Karimzadeh, ended 2021 with RON116.5 million turnover, 54% higher than in...
Carrefour Has Four Agricultural Cooperatives Exclusively Supplying It in Romania
Cooperativa Gradina Noastra of Brezoaiele, Dambovita county, having an 85-ha area cultivated with cabbage and potatoes, and Cooperativa Gradina Noastra of Insuratei, Braila county, currently...
Albrau Prod Set to Invest RON6M in Photovoltaic Panels, New Production Equipment
Albrau Prod, one of the largest independent brewers in Romania, including brands such as Albrau or Zimbru in its portfolio, has a RON6 million investment budget for this year.
Oltina Ends 2021 with Nearly RON1B Turnover, Double 2020 Level
Urlati-based bakery producer Oltina Impex Prod Com, set up in 1994, ended 2021 with turnover of RON998.8 million, double the 2020 level.
Water Bottler Calipso Projects 75% Higher Turnover in 2022, At RON121M
Water bottler Calipso, owned by Florica and Daciana Siderache, expects turnover to surge by 75% this year against 2021, to RON121 million, in the wake of an extensive investment process, in...
Heineken Romania Ends 2021 with RON1.37B Revenues, Up 9% YOY
Heineken Romania, the second largest brewer locally, ended 2021 with turnover worth RON1.37 billion, up 9% from the previous year, as beer market volumes remained flat from 2020.
Bayer Romania Expects Two-Digit Turnover Growth in 2022
German giant Bayer, one of the world’s biggest players in the chemical and pharma industry, which has seed production and fertilizer and plant protection product sales operations in Romania,...
Prodvinalco Expects Higher Turnover, but Lower Profit in 2022
Spirits producer Prodvilanco, majority held by Mircea Todea, Vasile Albon and Marcel Hosu, projects RON57 million turnover for 2022, up 5% on the year. As regards profit, the company’s repre...