FOODS
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GfK: Food Price Cuts Stimulate Appetite For More Expensive Products
The increase in pensions, wages of healthcare and education employees and in the average income, as well as the lowering of the value added tax on food items, boosted the purchasing power and consumer confidence, according to a study by market research company...
FinMin: Romania Must Analyze Impact Of VAT Cut On Bread Before Extending Measure To Other Foods
Romania’s Government may take a decision on lowering the value added tax (VAT) on other food products only after it analyzes the impact of the VAT cut in the bread industry to 9% from 24%, F...
Romanians Spend More Than EUR1B On Private Label Foods
More than half of EUR2 billion Romanians spend on private label products goes to foods and the rest to beverages, home cleaning products and personal care products.
Snack Attack Sells Factory To Czech Buyers
Snack Attack, a bakery and restaurant company, sold its factory in Balotesti, Ilfov County (near Bucharest), to Fresh Crocodile Company, which makes and distributes sandwiches on several Eur...