FOOD
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Contec Foods To Enter Frozen Vegetable Market
Contec Foods, one of the leading canned fruit and vegetable companies in Romania, expects revenue to reach more than EUR25.5 million this year, up 10% on 2015. The growth in revenue has made...
Foodpanda.ro: Online Food Orders Doubled In 1H/2016
Food orders registered by online food delivery platform Foodpanda.ro doubled in the first half of 2016, compared with the same period a year ago, as the average value of the consumer basket...
Retailers ‘Ate’ One Third Of Food VAT Cut From 24% To 9%
Prices of food and non-alcoholic beverages rose by about 3.6% in the online stores of Carrefour and Cora in the first year of 9% VAT, which means about one third of the about 13% drop in pri...
Lantmannen Unibake Buys GoodMills' Retail and Bakery Operations
Lantmannen Unibake, held by a cooperative of 27,000 Swedish farmers, has bought the retail and bakery operations of GoodMills in Romania (the former Titan company) from Austria’s Raiffeisen...
Supremia: Acquisitions Abroad To Boost Revenue By 50%
Spice and food ingredient producer Supremia Grup will increase its revenue to 260 million lei (EUR58 million) in two years, 50% more than in 2015, says general manager and owner Levente Bara...
Exports Generate Almost 40% Of Poultry Processor Coco Rico's Revenue
Romanian-held meat processing group Aalyex exported about 17,000 tons of poultry to 16 countries in Europe and beyond last year.
Unicarm: VAT Cut Helped Us Keep Sales Flat
Romanian consumers’ appetite for spending remains low, which is why the food VAT cut from 24% to 9% as of June 1, 2015 helped his company’s sales remain flat, says Vasile Lucut, owner of mea...
2015 In Review: Ten Most Important Events In Food&Beverage Industry
The year 2015 came with a breath of fresh air for the food and beverage industry in form of a VAT cut for such products, as well as with several international deals that have an impact on th...
Food And Beverage Producers Resume Hiring
Companies in the food and beverages industry, which generate 50 billion lei (EUR11 billion) revenue a year have resumed hiring this year, after operating personnel cutbacks during the crisis...