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.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
