Though the field has 475 companies less than in 2008, companies’ total revenue advanced by over 25%, according to a ZF survey based on Trade Registry data.
Companies’ gross losses widened from RON1 billion in 2008, to over RON1.5 billion in 2013, while around 15,000 employees left the industry.
For a company, the stake of being present in the local food industry is huge considering Romania is the seventh largest consumer market in the EU and Romanians spend 30% of consumption money on food, the second biggest weight among the 28 EU markets.
(English version by Catalina Apostoiu)