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.

Wednesday, 31 August 2016

Automotive Manufacturing in Romania - new investments

Federal Mogul has opened in April 2016 a production plant for automotive wiper components and assemblies in Ploiesti (Southern Romania), which is adjacent to the company’s manufacturing unit for brakes. The new facility covers 12,000 sqm and has over 300 employees. The opening of the Ploiesti wipers plant is a significant step in the Federal Mogul’s strategy to optimise its operations in Europe.

Faist Mekatronic will invest ten million EUR in its plant in Oradea (NW Romania) during 2016 - 2019. The investment will generate 150 new jobs and aims the development of the mould, assembly and tuning units. Faist Mekatronic manufactures in Oradea aluminium die casting for automotive and telecom industries. Faist Mekatronic has projects in the automotive sector for the following companies: Mahle, Borg Warner, Hella, Kahrein, Ina Schaeffler, Konsberg, Brose or Magna.

Ford will invest approximately 200 million EUR to start producing a new model in its plant in Craiova (SW Romania). Ford will start producing the EcoSport small SUVmodel in Romania in the fall of 2017. Ford has acquired the plant in Craiova in 2008 and has invested over 1 billion EUR in the past seven years. The plant currently produces the B-Max model and the 1-liter EcoBoost engine.

Draexlmaier has attracted a financing of 40 million EUR from the European Bank for Reconstruction and Development in June 2016. Draexlmaier will use the money to increase the production capacity in its plants in Romania, Serbia, Macedonia and Tunisia and to construct a new production unit in the Republic of Moldova. Draexlmaier has been operating on the Romanian market since 1993.

Continental invests 12 million EUR in a 7,000 sqm addition to its electric components production plant in Timisoara (Western Romania), reaching a total of 21,000 sqm by the end of 2016. The construction works have started in May 2016. During 1999 - 2015, Continental has invested 1.13 billion EUR in its Romanian activities, where all its five divisions are represented: Chassis & Safety, Interior, Powertrain, Tyres and ContiTech

Star Transmission, part of Daimler Group, has started in April 2016 the production of the Mercedes-Benz 9G-Tronic nine-speed automatic transmissions in its plant in Sebes (Central Romania), following investments of over 300 million EUR. Star Transmission has been established in 2001.

Are you interested in more details about the Romanian Automotive Sector developments? To invest or to enter the Romanian automotive components manufacturing sector? To collaborate with a local player? To acquire a local company or to expand your operations?

Perhaps we can collaborate.

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at:
email: europa@frdcenter.ro or tel: +4021 411 1459/60/61


FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

Monday, 29 August 2016

The Imports of Medical Disposables in Romania - dynamics, players and route-to-the market

According to an FRD Center analysis, the imports of medical disposables in Romania have recorded the following  y/y growth levels in 2015:

  • syringes, with or without needles: some 33% reaching cca. 13.2 million EUR 
  • tubular metal needles and needles for sutures: approx. 60% reaching some 5 million EUR 
  • catheters, cannulae and the like: around 14% reaching approximately 23.5 million EUR 
  • other ophthalmic instruments and appliances: some 5% amounting to approx. 7.8 million EUR
  • surgical gloves, mittens and mitts: up by almost 4% registering cca. 4.5 million EUR
According to the FRD Center research, some of the most dynamic importer-distributors of medical disposables in Romania are Sof Medica, Sante International and Valdomedica Trading

  • Established in 1994, Sof Medica imports and distributes cannulas, sutures, hernia meshes, artificial valves for heart surgery etc. Some of its foreign suppliers are: Nipro, Ethicon - Johnson & Johnson, On-X Life Technologies etc. Sof Medica has supplied medical devices to various hospitals in Romania, such as: Nephrology Clinical Hospital “Dr. Carol Davila” in Bucharest, County Emergency Hospital in Ramnicu Valcea, Emergency Clinical Hospital for Children “Sf. Maria" in Iasi, Municipal Clinical Hospital in Cluj Napoca etc. Sof Medica has registered a net turnover of 24 million EUR in 2015, up by 9% compared to 2014. The company has a team of over 50 employees.
  • Founded in 1992, Sante International imports and distributes catheters, devices for cardiovascular surgery, interventional cardiology and electrophysiology, analyzers, airbone infection control devices, disinfectants etc. The company’s foreign suppliers are: St. Jude Medical, Ecolab, Siemens Healthcare Diagnostics, AccuVein, Novaerus and Arcomed. Sante International has supplied medical devices to various hospitals in Romania, such as: Bucharest Clinical Emergency Hospital, Institute of Oncology “Prof. Dr. Alex. Trestioreanu” in Bucharest, Clinical Hospital of Infectious and Tropical Diseases “Dr. Victor Babes” in Bucharest, Timisoara County Emergency Hospital, Moinesti Municipal Emergency Hospital, Craiova County Emergency Hospital etc. The company has recorded a net turnover of 14.3 million EUR in 2015, up by 29% compared to 2014. It has over 40 employees.

  • Set up in 2008, Valdomedica Trading imports and distributes cannulas, catheters, hemostatic dressings, needles, drainage tubes, sutures and hernia meshes, artificial valves for heart surgery, joint replacement products etc. Some brands in its portfolio are: Smiths Medical, THT bio-science, Péters Surgical, Hpbio, Königsee Implantate, BHH Mikromed, Tipmed, Atos Medical, Medtronic, Microval etc. Valdomedica Trading has supplied medical devices to various hospitals in Romania, such as: County Emergency Hospital in Arad, County Emergency Hospital in Alba Iulia, County Emergency Hospital “'Dr. Fogolyan Kristof”' in Sf. Gheorghe, County Emergency Hospital in Piatra Neamt etc. Valdomedica Trading has reached a net turnover of 1.7 million EUR in 2015, up by 42% compared to 2014. The company has some 10 employees.
Are you looking to access the opportunities in the Romanian market of medical devices and health equipment? To connect with local specialised importer-distributors and direct buyers in major private and public hospitals?
Perhaps we can collaborate. For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, for product introduction to potential buyers in Romania, Poland, Czech Republic, Serbia, Lithuania etc. feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61
FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.
Disclaimer:
Whilst every care is taken in compiling this report, no responsibility is taken for errors or omissions. FRD Center guarantees that this information, collected and generated, has been operated in a professional manner and best efforts were applied with a view to offering accurate and complete results. However, FRD Center will not be held liable for any damage or loss resulting from the use of the information contained herein.
Sources consulted for this report: business mass media, the companies, official sources

El Comercio rumano al por menor de Alimentos y Bebidas sigue aumentando con 24%

El crecimiento anual del PIB de Rumania se ha acelerado a un 6% en el T2 2016 desde el 4,3% del trimestre anterior. En la primera mitad del 2016, el PIB del país ha aumentado un 5,2% anual.

Con un crecimiento del PIB del 1,5% en el T2 2016 en comparación con el T1, Rumania ha registrado el mayor aumento entre los 28 Estados miembros de la UE, según Eurostat.

El crecimiento económico de Rumania ha sido sostenido por un fuerte consumo interno, recortes de impuestos y aumentos salariales.

El Gobierno rumano de tecnócratas tiene como objetivo apoyar el fuerte crecimiento económico con inversiones en infraestructuras de transporte y lucha estratégica contra la corrupción. La Estrategia Nacional Anticorrupción 2016-2020 ha sido adoptada en la reunión de gabinete el miércoles, 10 de agosto del 2016, después de un amplio proceso de consulta pública, realizada entre 17 junio – 29 julio 2016.

¿Están interesados en entrar en el mercado rumano? ¿En colaborar con un jugador local para exportar sus productos? ¿En adquirir una empresa local o expandir sus operaciones? 

En la primera mitad del 2016, el comercio al por menor de alimentos, bebidas y tabaco en Rumania ha registrado un incremento del 24,1% en comparación con el mismo periodo del 2015, según los datos publicados por el Instituto Nacional de Estadísticas.

El comercio al por menor ha aumentado un 16,2% en Rumania en junio del 2016 en comparación con el mismo mes del año pasado. Ha sido el mayor crecimiento anual registrado por un estado miembro de la UE, según Eurostat, la oficina estadística de la UE.

Profi, la cadena de tiendas propiedad del fondo de inversión polaco Enterprise Investors, ha abierto recientemente 4 nuevas tiendas y ha alcanzado un total de 428 tiendas en Rumania. La red de Profi cuenta actualmente con la mayor cobertura geográfica en Rumania, con 428 tiendas en 201 ciudades en todo el país. El minorista ha registrado en el 2015 una facturación de más de 570 millones de euros, un 40% más en comparación con el año anterior, según los datos comunicados por el Ministerio de Finanzas.

Due to the increasing demand on the Romanian market for BIO and free-from foods, Phoenixy, the largest producer of puffy snacks in Romania, recently launched on the local market the BIO Gusto snacks. For a year and a half the BIO assortment has been marketed only in Austria and Germany. The total investment in this project amounts to 600,000 EUR.

Debido a la creciente demanda de alimentos BIO y alimentos sin gluten o sin lactosa en el mercado rumano, Phoenixy, el mayor productor de puffy snacks en Rumania, ha lanzado recientemente los productos BIO Gusto snacks en el mercado local. Durante un año y medio, el surtido BIO ha sido comercializado sólo en Austria y Alemania. La inversión total en este proyecto es de 600.000 euros.

Phoenixy es el líder del mercado local de puffy snacks con una cuota del 70%, según los comunicados de la empresa. Sus productos se exportan a 20 mercados europeos, así como a los Estados Unidos. La empresa ha registrado en el 2015 una facturación de aproximadamente 20 millones de euros y un beneficio de alrededor de 2 millones de euros. En la primera mitad del 2016, Phoenixy ha registrado un crecimiento de ventas del 20% en comparación con la primera mitad del 2015.

La marca rumana de jugos naturales, Profructta, ha duplicado su facturación en la primera mitad del 2016 en comparación con el mismo período del 2015. El aumento ha sido impulsado por el aumento del número de puntos de distribución, la diversificación de la gama de productos y el marketing.

El más importante surtido de Profructta es el jugo de manzana, representando 46% de las ventas generados en los primeros 6 meses del 2016. Está disponible en Bag in Box de 5l o 3l, en botellas de plástico y botellas de vidrio de 0,33l, 0.5l y 1l.

Kaufland ha anunciado recientemente la inauguración de su primera tienda en Mangalia, contado de Constanta (sudeste de Rumania), que es también el primer hipermercado en la ciudad, con una superficie de venta de 2.900 metros cuadrados. Por tanto, la cadena de supermercados alemana alcanza un total de 110 tiendas en Rumania.

Vascar, un productor local de productos cárnicos en Rumania, anuncia un aumento del 14% de la facturación en los primeros 6 meses del 2016 en comparación con el mismo período del año pasado. El desarrollo más importante esta registrado en el segmento de productos cárnicos, donde las ventas han crecido un 24% en los primeros 6 meses del 2016 en comparación con la primera mitad del año pasado.

Los productos más populares han sido las especialidades de estilo campesino - jamón de Praga, cremwurst de pechuga de pollo, salami premium y embutidos hechas con recetas de la cocina tradicional de Moldova, bajo la marca "Moldova in bucate". Vascar también produce productos para Kaufland, Carrefour, Mega Image y Lidl con sus propias marcas.

Según el informe financiero consolidado de IFRS, en la primera mitad de este año, el Grupo Albalact - que incluye Albalact SA, Raraul SA Campulung y Albalact Logistic Ltd – ha registrado un aumento del 16,94% en facturación y un beneficio significativamente mayor en comparación con el año pasado. El beneficio neto registrado por el Grupo Albalact en la primera mitad de este año ha registrado 18.882.590 RON. Albalact es actualmente el mayor productor de productos lácteos en Rumania, con una facturación de 452 millones de RON (unos 100 millones de euros) y un beneficio neto de 14,87 millones de ROn en el 2015. Recientemente, Lactalis, el mayor productor francés de productos lácteos, ha puesto en marcha formalmente la oferta pública de adquisición de Albalact, según un anuncio publicado en la página web de la Bolsa de Bucarest.

Durante el mes de julio, los minoristas internacionales presentes en el mercado rumano se han centrado en la expansión de sus redes, inaugurando un total de 14 unidades comerciales. La primera posición entre los minoristas más expansivas este mes es Profi, con 10 tiendas, seguido de Mega Image, Carrefour, Lidl y Penny Market, cada uno con una nueva apertura de tienda. En agosto, la situación de estas cadenas minoristas es el siguiente:
- Mega Image: 482
- Profi: 428
- Lidl: 196
- Penny Market: 177
- Carrefour: 111

Fuentes de información: Magazinul Progresiv, Romania-Insider.com, Retail FMCG


El Comercio al por menor de Alimentos y Bebidas en Rumania sigue desarrollándose en la primera mitad del 2016. ¿Están interesados en la investigación de las oportunidades del mercado o de presentar sus productos a los compradores rumanos? ¿En adquirir un jugador local en el mercado rumano al por menor? Tal vez podríamos colaborar.

No duden en contactar con FRD Center por telefono: +4021 411 1459 o por correo europa@frdcenter.ro

Friday, 26 August 2016

Medical equipment imports in Romania

According to an FRD Center analysis, the Romanian imports of mechano-therapy appliances, massage apparatus and psychological aptitude-testing apparatus have recorded approximately 15.6 million EUR in 2015, up by some 57% compared to 2014.
Furthermore, the imports of the ozone therapy, oxygen therapy, aerosol therapy, artificial respiration or other therapeutic respiration apparatus have reached almost 10 million EUR in 2015 in Romania, up by approximately 23% compared to the previous year.
According to the National Institute of Statistics, there have been 626 speciality medical centres in Romania in 2015, out of which 36 public centres (6%) and 590 private centres (94%). According to the FRD Center analysis, the number of the private speciality medical centres in Romania has increased by 116% in 2015 compared to the previous year.
Are you looking to access the opportunities in the Romanian market of medical devices and health equipment? To connect with local specialised importer-distributors and direct buyers in major private and public hospitals?
Perhaps we can collaborate. For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, for product introduction to potential buyers in Romania, Poland, Czech Republic, Serbia, Lithuania etc. feel free to contact the FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/60/61
FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

The Romanian Seafood Market 2016

After a y-t-y growth of 19.1% in 2015, in H1 2016, the Romanian retail trade of food, drinks and tobacco registered an increase of 24.1% compared to the same period of 2015, according to data published by the National Institute of Statistics.


The Romanian seafood market has recorded approximately 35 million EUR in 2015 and could increase by 5% in 2016, reaching 36.7 million EUR, according to a study by Romfood Trading, one of the main seafood and fish importers in Romania.

According to an FRD Center analysis, Romfood Trading has recorded a net turnover of 11 million EUR in 2015, up by 56% compared to 2014.

According to an FRD Center analysis of the players on the domestic seafood market, other major importer-distributors and processors of seafood and fish in Romania are Ocean Fish and Negro 2000, with a cumulated net turnover of 64 million EUR in 2015.

Imported fish and seafood - Main countries of origin

According to research made by FRD Center based on official statistic data, Romania has imported fish and seafood (crustaceans, molluscs and other aquatic invertebrates) in 2014 mainly from:
  • the Netherlands: 16.6 million EUR
  • Spain: 15.1 million EUR
  • Poland: 13 million EUR
  • Italy: 12.3 million EUR
  • Sweden: 10.8 million EUR
  • Turkey: 8.1 million EUR
  • Hungary: 6.4 million EUR
  • Denmark: 5.7 million EUR
  • Germany: 5.6 million EUR
  • Vietnam: 5.4 million EUR


The Romanian Food & Beverages Retail Continues to Develop in H1 2016. Are you interested to research the market opportunities or present your products to the Romanian buyers? To acquire a local player in the Romanian retail market? Perhaps we could collaborate.

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: 

email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

Wednesday, 17 August 2016

The Romanian Market of Agricultural Equipment and Farm Machinery Continues to Develop in H1 2016

According to the FRD Center analysis, the top ten importer-distributors of agricultural machinery and farm equipment in Romania, registered in 2015 total sales of 277.2 mil EUR, 3.7% higher than in 2014. These players are IPSO Agricultura, Mewi Import Export Agrar Industrietechnik, General Leasing, Agritehnica Service, Serv Class, NHR Agropartners, Titan Machinery Romania, Proagroservice, Belarus Tractor and Agrocomert Holding.

IPSO Agricultura is the market leader on the Romanian imported agricultural machinery market.

With 20 years of experience in agriculture and 350 employees in eight regional centers in 2016, IPSO Agricultura is part of the French group Monnoyeur. IPSO Agricultura provides integrated services to the agricultural producers in Romania, such as machinery, spare parts, field service and operator training.

IPSO Agricultura is the sole authorized importer of John Deere vehicles and machinery in Romania. Other agricultural equipment and machinery they import and sell in Romania are Kuhn, Manitou, Bednar FMT, Perard, Fliegl, Pichon, Kemper, Zurn, Geringhoff, Grasdorf, Laforge and Eassymass.

According to the FRD Center analysis, in 2015, IPSO Agricultura registered sales 5.5% higher than in 2014, amounting to 114.6 mil EUR.

Serv Class was set up in 1999 and it is 100% a Romanian company. It is one of the most dynamic and ambitious local importer-distributors of agricultural machinery and farm equipment in Romania, having registered a sales growth of nearly 39% in 2015 compared to 2014, according to the FRD Center analysis .

The brands they import and sell in Romania are Claas, Lemken, Amazone, Maschio Gaspardo, Berthoud.

Another very dynamic company, according to the FRD Center analysis of the agricultural machinery and farm equipment importer-distributors in Romania, is Mewi Import Export Agrar Industrietechnik. In 2015 their profit was more than 21% higher than in 2014, while their sales figure grew with almost 10%.

The company imports and sells in Romania agricultural machines, tractors and various farm equipments of brands such as Challenger, Valtra, Fendt, Spearhead, Geringhoff and many others. Apart from their own seven sales locations, Mewi collaborates with seven dealers and distributors covering entire Romania.

The Romanian Market of Agricultural Equipment and Farm Machinery Continues to Develop in H1 2016. Are you interested to contact the local importer-distributors and dealers of agricultural equipment and farm machinery? To research the market opportunities or present your products to the Romanian buyers? To acquire a local player in the Romanian retail market? Perhaps we could collaborate.

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: 
email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

Disclaimer:
Whilst every care is taken in compiling this report, no responsibility is taken for errors or omissions. FRD Center guarantees that this information, collected and generated, has been operated in a professional manner and best efforts were applied with a view to offering accurate and complete results. However, FRD Center will not be held liable for any damage or loss resulting from the use of the information contained herein.
Sources consulted for this report: business mass media, the companies, official sources

Friday, 12 August 2016

Romania's economy grows 6% sustained by a strong domestic consumption, tax cuts and wage increases

Romania's annual GDP growth accelerated to 6% in Q2 2016 from 4.3% the quarter before. In H1 2016, the country's GDP rose by an annual 5.2%.

Registering a 1.5% GDP growth in Q2 2016 against Q1, Romania has recorded the highest advance among the 28 EU Member States, according to Eurostat.

The Romanian economic growth was sustained by a strong domestic consumption, tax cuts and wage increases.

The Romanian Government of technocrats aims to back the strong economic growth with investments in transport infrastructure and strategic fight against corruption. The National Anti-Corruption Strategy (NACS) 2016-2020 was adopted at the Cabinet meeting on Wednesday, August 10, 2016, following an extensive process of public consultation, conducted between June 17-July 29 A.C.

Are you interested to enter the Romanian market? To collaborate with a local player? To acquire a local company or to expand your operations?

Perhaps we can collaborate.

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: 
email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.


Thursday, 11 August 2016

Romanian Food & Beverages Retail Continues to Develop in H1 2016

In H1 2016, the Romanian retail trade of food, drinks and tobacco registered an increase of 24.1% compared to the same period of 2015, according to data published by the National Institute of Statistics.

The retail trade increased by 16.2% in Romania in June 2016 compared to the same month last year. It was the highest annual growth recorded by a EU member state, according to EU’s statistical office Eurostat.

Profi, the modern retail chain owned by Polish investment fund Enterprise Investors, recently opened another 4 stores and reached a total of 428 in Romania. Profi network currently has the largest geographical coverage in Romania, with 428 stores in 201 cities all over the country. The retailer ended 2015 with a turnover of over 570 million, about 40% more than in the previous fiscal year, according to data reported to the Ministry of Finance.

Due to the increasing demand on the Romanian market for BIO and free-from foods, Phoenixy, the largest producer of puffy snacks in Romania, recently launched on the local market the BIO Gusto snacks. For a year and a half the BIO assortment has been marketed only in Austria and Germany. The total investment in this project amounts to 600,000 EUR.

Phoenixy is the local market leader of puffy snacks with a share of 70%, according to company statements, Its products are exported to 20 European markets, as well as to the United States. The company closed 2015 with a turnover of approximately 20 million EUR and a profit of about 2 million EUR. In H1 2016, Phoenixy recorded a sales growth of 20% compared to H1 2015.

The Romanian brand of natural juices, Profructta, doubled its turnover in the first half of 2016 compared with the same period of 2015. The increase was driven by the increasing number of distribution points, diversification of the range of products and marketing.

The most important Profructta assortment is the apple juice, representing 46% of the sales revenue generated in the first 6 months of 2016. It can be found packed in Bag in Box system of 5l or 3l, in plastic bottles and glass bottles of 0.33l, 0.5l and 1l.

Kaufland recently announced the inauguration of its first store in Mangalia, jud. Constanta (SE Romania), which is also the first hypermarket in the city, with a sales area of 2,900 square meters. The German supermarket chain thus reaches a total of 110 stores in Romania.

Vascar, a leading local producer of meat products in Romania, announces a 14% increase in turnover in the first 6 months of 2016 compared to the same period last year. The most important development is registered in the meat products segment, where sales were up by 24% in first 6 months of 2016 compared to the first half of last year.

The most popular products have been the peasant style specialties - Prague ham, cremwurst of chicken breast, premium salami and sausages made using recipes of traditional Moldavian cuisine, under the brand "Moldova in bucate". Vascar also produces for Kaufland, Carrefour, Mega Image and Lidl products under their own brands.

According to the the IFRS financial consolidated report, the first half of this year brought Albalact Group - comprising of Albalact SA, Rarăul SA Campulung and Albalact Logistic Ltd - a 16.94% increase in turnover and a profit significantly higher compared to last year. The net profit registered by Albalact Group in the first half of this year amounted to 18,882,590 lei. Albalact is currently the largest Romanian dairy producer, with a turnover of 452 million lei (about 100 million euros) and a net profit of 14.87 million lei in 2015. Recently, Lactalis, the largest French producer of dairy products, has formally launched the public takeover bid for Albalact, according to an announcement posted on the Bucharest Stock Exchange website.

During the month of July, the international retailers present on the Romanian market have focused on expanding their network, being inaugurated in total of 14 commercial units. The first position among the most expansive retailers this month is Profi, with 10 stores, followed by Mega Image, Carrefour, Lidl and Penny Market, each with one new store opening. In August, the situation of the stores of these particular retail chains is as follows:
- Mega Image: 482
- Profi: 428
- Lidl: 196
- Penny Market: 177
- Carrefour: 111

Info sources: Magazinul Progresiv, Romania-Insider.com, Retail FMCG

The Romanian Food & Beverages Retail Continues to Develop in H1 2016. Are you interested to research the market opportunities or present your products to the Romanian buyers? To acquire a local player in the Romanian retail market? Perhaps we could collaborate.

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: 

email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

Wednesday, 3 August 2016

Automotive Components Manufacturing in Romania - the development continues in 2016




Romania's automotive manufacturing industry has been registering an upward trend for several years now. In 2014 the total industry estimated turnover was about 18 billion EUR, while in 2015 the sector registered a 11% increase exceeding 20 billion EUR. New facilities expansions and investments are taking place in 2016 and have been announced for 2017.
Some of the major players operating in Romania include Autoliv, Continental, Delphi Packard Takata, Michelin, Hella, Robert Bosch.

According to an FRD Center sector analysis, the highest net turnover increases in 2015 vs 2014 have been registered by:
- Autoliv Romania: +138 million EUR
- Hella Romania:    +114 million EUR
- Robert Bosch:       +100 million EUR

There are over 200,000 people employed in the automotive manufacturing industry in Romania, a sector which generates exports of over 13 billion EUR, representing some 24% of the total value of the Romanian exports.

Recent investments and production facilities expansion have been made by Federal Mogul Motorparts, Yazaki, Faist, Daimler / Star Assembly, TRW etc.

Are you interested to enter the Romanian automotive components manufacturing sector? To collaborate with a local player? To acquire a local company or to expand your operations?

Perhaps we can collaborate.

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at: 
email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.