The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Thursday, 29 May 2014

Meat processing in Romania


The production of meat and meat products has recorded over 1.9 billion EUR in 2012 in Romania, up by 8% compared to 2011.

The production of prepared or preserved meat in Romania has recorded some 240 million EUR in 2012, up by 11% compared to 2011.

The Romanian imports of machinery for the preparation of meat or poultry have registered some 10 million EUR in 2013, up by 15% compared to 2012. 


In Romania, there are some 650 meat processors. The main five meat processors are: Smithfield Prod, Unicarm, Marex, Agricola International and Elit. The first 20 main meat processors recorded in 2012 a cumulated net turnover of approximately 1.2 billion EUR, up by 7% compared to 2011.
 

The first 20 main pig farms in Romania have a cumulated number of almost one million heads of pigs. The biggest five pig farms are: Smithfield, Vegetal Trading, Premium Porc, Europig and Crinsuin.
 

In December 2013, the livestock of animals in Romania was as follows:
- cattle: approx. 2 million heads (up by 0.7% compared to December 2012)
- pigs: approx. 5.2 million heads (a decrease by 1% compared to December 2012)
- sheep and goats: approx. 10.5 million heads (up by 3.5% compared to December 2012)
- poultry: approx. 80 million heads (a decrease by 0.9% compared to December 2012)

In case you are interested in more details about agri-business in Romania and Eastern Europe, feel free to contact us directly.

Wednesday, 21 May 2014

Foreign investment into Romania grows by 30% in Q1 2014

Romania attracted foreign investment 30% more in Q1 2014 compared to Q1 2013, while in the same period its GDP grew with 3.8% (provisional) vs. the previous year's first quarter representing the highest GDP growth in the region.

In May 2014, Standard & Poor's Ratings Services raised its long- and short-term foreign and local-currency sovereign credit ratings on Romania to BBB-/A-3 from BB+/B. It revised its outlook on Romania to stable from positive.The upgrade reflects Romania's rapid progress in improving its external balances, while S&P expects the consolidation of fiscal accounts and financial sector stability to continue.  

In Q1 2014 vs. Q1 2013, Romania’s exports grew by 10.1%, to 12.7 billion EUR, while the imports grew with 9.6%, reaching 13.8 billion EUR.

The industrial output increased by 9.6% in Q1 2014, the second highest growth in the European Union, while the retail trade turnover was up 9.3% in the same period.

To download the FRD Center "Doing Business in Romania 2014" presentation, please visit 
http://www.frdcenter.ro/assets/Doing-Business-in-Romania-2014-by-FRD-Center.pdf

For specific business opportunities in Romania do not hesitate to contact our team at europa@frdcenter.ro or +4021 4111459

Thursday, 15 May 2014

Romanian economy continues to grow in Q1 2014

According to the first estimates released by the Romanian National Statistics Institute, in Q1 2014, Romania’s GDP grew by 3.8% compared to the same period of 2013.

The conomic growth in the first quarter was supported by both exports and domestic consumption. 

In Q1 2014 vs. Q1 2013, Romania’s exports grew by 10.1%, while the retail trade turnover was up 9.3% in the same period. 

Industrial sector continues to have a very important contribution to Romania's economic growth. Industrial production increased by 9.6% in Q1 2014, the second highest growth in the European Union.

For specific business opportunities in Romania do not hesitate to contact our team at europa@frdcenter.ro or +4021 4111459



Thursday, 8 May 2014

Romania registers over 5% growth of purchasing power in 2013

According to the latest RegioData figures, Romania is amongst the European countries with the strongest growth rates - over 5% - of average per capita purchasing power in 2013.

Many European countries have managed to stop the downward trend in purchasing power. However, there are some exceptions, particularly Cyprus and Greece. Cyprus was again faced with a nominal decrease of -7.1%, and Greece with -8.1%. The Greeks’ average purchasing power has thus fallen back down to just below 10,000 euros per capita, the same level as in 2007. Slight decreases of between -0.1% and -2.0% were also registered in Ireland, the United Kingdom, Spain, Hungary, Italy, Portugal, Slovenia, and the Czech Republic.

More details at http://www.regiodata.eu/en/europeans-purchasing-power-recovering?utm_source=NL_052014en&utm_medium=NL&utm_campaign=NL_052014en