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, 30 November 2016

While I was away...

Between 14-29 November, together with the Managing Director of FRD Center, I was in India, in cities including Delhi and Mumbai, meeting with investors and manufacturers interested to enter the European market.

While I was on this trip, in my home country, Romania - the most dynamic large market in the EU - many developments have taken place. This adds to the strategic advantages Romania has as a gateway to the EU as well as to the other large markets in Eastern Europe, such as Russia, Turkey, Ukraine, Kazakhstan etc.

Some of these recent developments in Romania are:
  • The Turkish company Nurol Makina announced their plans to produce 4x4 bullet-proof vehicles in Romania for the defence industry, the value of investment being at least EUR 15 million.
  • Romanian President, Klaus Iohannis, announced that Romanian IT sector, one of the key sectors of growth in Romania, could post 5 billion EUR in revenues in 2020.
  • Within less than an year after its official opening, the leisure and wellness center Therme Bucharest has expanded by 4,000 sqm the Galaxy area, following an investment of EUR 10 million. 
  • Doraly Expo Market, the wholesale commercial market specialized in house items and food products, opened a new commercial pavilion with a surface of 5,280 square meters, as a result of an investment of EUR 2.7 million.
  • German group Allianz buys 30% stake in E.On’s energy distribution business in Romania.
  • Romania ranked 2nd in the European Cyber Security Challenge organized in Dusseldorf, Germany
  • Continental Tires exceeded 180 million tires manufactured in Timisoara (W Romania), following investments of over 400 million euro, in its 16 years of activity.
  • Farmec, the most important Romanian producer of cosmetics, opened a new Gerovital store in Bucharest
  • The Romanian authorities are close to signing a contract with Rheinmetall, a German company that builds military equipment and vehicles, for building an armored personnel carrier in Romania.
  • Almost 115,000 new vehicles were sold in Romania in the first 10 months of the year, a figure by 17.5% higher than the same period of 2015. According to APIA, the total number of eco-friendly cars sold over the past 10 months doubled, and the hybrid vehicle segment represents 87.5% of the total.
  • ArcelorMittal invests EUR 6.5 mln in high-capacity crane at the Galati (SE Romania) steel plant
  • Koton Romania opens EUR 6.5 mln store in Bucharest’s Old Town Center
  • Romania’s Automobile Dacia records highest growth in the last three years.
  • German group Braas Monier has completed the acquisition of a tile factory owned by Craiova-based Elpreco. This transaction should bring Braas Monier additional revenues of almost EUR 5 million every year. Elpreco Craiova is one of the biggest manufacturers of building materials in Romania. 
  • Over 3,400 permits for residential buildings were issued in October, up 13.6% compared to the same month last year, according to the National Statistics Institute (INS).
Romania has this year the highest economic growth in the European Union, of 5.2% in the first semester and 4.9%  in the first nine months, with a budgetary deficit in the target established by the 2016 budget law: now at 0.49% of GDP, the target being 2.8% of the GDP. Currently, Romania is known by the European Commission as a country without macroeconomic imbalances at European level.

My sources for the above info are: Business Review, Romania Insider and Nine O'Clock.

This is my first personal blog entry.

Best wishes all around,

Jackie Bojor
Founding Partner
FRD Center

Monday, 28 November 2016

Why choose to acquire a player in Romania?

Romania is the most dynamic large market in the EU. With a GDP growth of 5%, comparable only to Ireland, which is 4 times smaller, Romania might seem - and truly is - a good market for foreign and locally manufactured products. Strong democracy, stable political and banking systems, one of the fastest Internet speeds in the world, educated English speaking population.

Neverthesless, in spite of the local consumption growth and increasing purchasing power, Romania's strategic advantage is its position as a GATEWAY to the EU, on one hand, and to large markets such as Russia, Turkey, Ukraine that are not part of the EU.

Here are some facts on Romania that might be of interest to a foreign investor or manufacturer looking to acquire a local player and set up operations in Romania, thus accessing the EU market (510 million people) and relevant markets in Eastern Europe:

For over 10 years, FRD Center has been assisting foreign investors with their acquisition target origination in Romania and has operated under several buy-side mandates. Should this be of interest to you, feel free to contact us for further details:

Are you looking to acquire a player or make greenfield investment in Romania and thus set up operations in the region? Perhaps we could collaborate.

Romania is a gateway to the EU and Eastern Europe and numerous crossborder investments and acquisitions are registering double-digit profits. Why acquire a player in Romania? More details at

Sectors of interest for crossborder acquisitions in Romania include: healthcare, private medical services, industrial manufacturing, automotive, food processing, agribusiness, chemicals production and distribution, furniture manufacturing, IT, BPO.

More details about successful crossborder acquisitions in Romania at

Since 2000, FRD Center offers market research and M&A consulting services to foreign buyers and investment funds interested to enter Romania and the emerging markets in Europe as investors or joint-ventures.

More details about our Deal Origination services are available at:

For tailor-made sector data, B2B matchmaking with players in the Emerging Markets in Europe, for M&A assistance and target origination feel free to contact the FRD Center team at: email: or tel: +4021 411 1459/60/61

Tuesday, 1 November 2016

Meat products market in Romania

Pork and pork products are in the top of Romanians’ meat preferences when it comes to consumption. According to recent market surveys, 26% of Romanians often eat sausage or charcuterie, 30% of them every few days, some only occasionally and only 18% claim that they never touch such products.

The most consumed type of meat products in Romania is the salami, with a share of approximately 40%, followed by sausages and frankfurters (20%), specialties (17%), baloney (15%), ham (7%) and others (1%).

After 2010, in the market was observed a consumer preference towards meat quality, with few preserves and low level of food additives, especially towards the raw-dried salami. It is becoming increasingly obvious the consumer trend towards top quality cold cuts products, even if this means paying a higher price.

In the period December 2015 - May 2016 compared to December 2014 - May 2015, the cold cuts sales in traditional trade increased with a rate of 13%, according to data from Nielsen Retail Audit.

Are you interested in more details about the opportunities presented by the Food Market in Romania? To collaborate with a local player? To acquire a local company or to expand your operations? To export to Romania?

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: 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.