FOOD
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Romalimenta: Food Prices To Fall 15% As Of June, Following Planned Cut In VAT For Food
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...
Around 20% Of Romanians Eat Out Up To Three Times A Week, Prefer Fast-Food
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 chicke...
Turkey’s ETI Starts Hiring For Sweets Plant In Craiova
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...
Romanian Households Spend RON662 On Food, RON120 On Fuel And Just RON8 On Education
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.
FrieslandCampina: Lower VAT On Food Would Help Economy
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, s...
47 Romanian Companies Go To Food Show In Paris To Boost Exports
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.
Romania’s Food, Beverage And Tobacco Wholesalers Laid Off 9,300 People During Crisis
The 3,061 companies operating in Romania’s food, beverage and tobacco wholesale sector in 2013 generated overall revenue worth 21 billion lei (EUR4.75 billion), down 6% in lei on the year.
50 Companies Make EUR4B From Food For Romanian Consumers
Bunge (vegetable oil), Agrana (sugar), Expur (vegetable oil), Smithfield (meat) and Prutul (vegetable oil) are the top companies among the largest 50 food industry manufacturers in Romania,...
Romanians Spend 60% Of Monthly Income On Food, Utilities And Fuel
Romanians spend just 3% of their monthly income on healthcare, less than on spirits and tobacco. The smallest sums are earmarked for education, namely 1% of the budget, while food, rent, uti...