The multinational Unilever has decided to close the Denny ice cream factory in Veliko Tarnovo, Economica website reports. According to the cited source, production is to move to Romania, where Unilever has a factory in Ploiesti and one in Suceava (following the acquisition of Betty Ice). At the same time, the administrative part remains in Bulgaria. The ice cream factory in Veliko Tarnovo will cease operations on April 30, 2025. The company did not provide specific reasons. Sources however revealed the main reason is the lack of workforce. “The production will move to the factory in Romania, while the commercial and administrative part will remain in Bulgaria to ensure intra-community trade with ice cream from Romania to Bulgaria. The reason for the relocation is the lack of labor force,” the sources said. The decision to move production from Bulgaria to another market is not the first within the Unilever group. For example, in 2007, the group stopped producing Kaliakra brand oil in Bulgaria and now imports it from its factory in Romania. According to unofficial sources, the company, like many others in the country, is having difficulty finding qualified workers.
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
