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 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
