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ROMBRAND 2011




    TOP 50
ROMANIAN BRANDS




    | RomBrand 2011 | TOP Romanian Brands |   |1|
About the RomBrand


Regardless the globalization, every country always has its own national brands that sometimes could
be much stronger and more popular inside the country, that well known international brands.

Today the brand is often the biggest and very valuable assets, because the very strong and popular
brand regardless of its scale and age allows the company to retain or to gain significant market share,
and also provides an opportunity to actively develop at the global markets.

In our times the business are increasingly faced the situation when the brand becomes one of the
most expensive assets in the company's value, even compared with manufacturing facilities. And in
such a situation, the most attention is paid to the brand value in mergers and acquisitions, as well as
in public offerings of shares on stock markets or placing other types of securities in order to attract
investment. In this case It is necessary to solve the puzzle, when the company realizes the full value
of its brand, but can not express it in concrete figures.

After many researches, the optimal solution was found, and since early 2010, the agency MPP
Consulting has established long-term project of the national brands evaluation.

Using the developed methodology the agencies MPP Consulting (Ukraine) and FEIRA Group
(Moldova) created in 2011 the first rating of the most valuable brands of Romania – «RomBrand
2011».

The main task of the rating «RomBrand 2011» was to determine the 50 most expensive Romanian
brands, as well as their current real market value, based on the financial performance of companies
using such brands (trademarks), as well as the positions of each company in the market and
prospects for development both companies and their brands.

It is worth noting that the ranking only includes brands created in Romania or for Romanian goods
(services), although how much later they became known at national or global levels. The geographical
origin of brands from Romania was the main criterion for selection of brands (trademarks), assessed
in rating.




* All rights to brands and trademarks mentioned or referred to in the ranting belong to their respective owners.




                                           | RomBrand 2011 | TOP Romanian Brands |                                 |2|
Methodology


The methodology of the brand evaluation based on the evaluation of activity of companies brand-
owners, and also takes into account several factors showing the market conditions that influence the
brands, possible threats and perspectives for industries development.

This methodology is based on analysis of factors influencing the market value of the brand: the
company's position on market, consumer value of brand, as well as factors actual trends for the
company and its brand.

Brand value calculation formula:


    V = Fc * (Iq * Gq * Tq * Cq) * Uid

 V – brand value
 Fc – composite financial index
 Iq – investment index
 Gq – geographical index
 Tq – technological index
 Cq - competitive index
 Uid – unique identity index


It is worth noting that the brand value includes only the cost of the brand (name), excluding production
facilities, infrastructure, patents, inventions and other tangible or intellectual property.


* Value of Brands in rating indicated in millions $




                                             | RomBrand 2011 | TOP Romanian Brands |                |3|
TOP 50             1 - 18


     Brand                 Value, mln.$              Logo                        Industry

1    Borsec                    355                                     Drinks

2    Timişoreana               331                                     Beer

3    Dacia                     259                                     Automotive

4    Bergenbier                219                                     Beer

5    Ursus                     204                                     Beer

6    Murfatlar                 186                                     Alcohol

7    LaDorna                   177                                     Milk

8    Izvorul Minunilor         155                                     Drinks

9    Poiana                    143                                     Confectionary

10   Ciucas                    134                                     Beer

11   Băneasa                   132                                     Foods

12   Zapp Mobile               129                                     Telecommunication

13   Napolact                  121                                     Milk

14   Primola                   120                                     Confectionary

15   Scandia                   119                                     Foods

16   Bucegi                    117                                     Foods

17   BCR                       116                                     Financial services

18   Milupa                    114                                     Milk




                                  | RomBrand 2011 | TOP Romanian Brands |                   |4|
TOP 50              19 - 36


     Brand                  Value, mln.$             Logo                          Industry

19   Ciuc                       111                                    Beer

20   Biborteni                  109                                    Drinks

21   Cotnari                    104                                    Alcohol

22   Dorna                      102                                    Drinks

23   Olympia                    101                                    Foods

24   Rompetrol                  99                                     Oil & Fuels

25   Gerovital                  98                                     Cosmetics

26   Adevărul                   92                                     Media

27   Banca Transilvania         88                                     Financial services

28   Albalact                   85                                     Milk

29   Kandia                     82                                     Confectionary

30   Golden Brau                79                                     Beer

31   Albacher                   71                                     Beer

32   BRD                        70                                     Financial services

33   Covalact                   69                                     Milk

34   Romstal                    63                                     Retail

35   Budureasca                 54                                     Alcohol

36   Dedeman                    50                                     Retail




                                  | RomBrand 2011 | TOP Romanian Brands |                     |5|
TOP 50          37 - 50


     Brand               Value, mln.$             Logo                         Industry

37   Romtelecom              44                                     Telecommunication

38   Ardealul                43                                     Foods

39   Vel Pitar               41                                     Foods

40   Libertatea              40                                     Internet

41   Beciul Domnesc          39                                     Alcohol

42   Trilulilu               37                                     Internet

43   Mobexpert               35                                     Retail

44   Milli                   34                                     Milk

45   Bunatati Bunica         29                                     Foods

46   Laura                   27                                     Confectionary

47   Ave Impex               26                                     Foods

48   Petrom                  24                                     Oil & Fuels

49   Tnuva                   23                                     Milk

50   Bucovina                22                                     Drinks




                               | RomBrand 2011 | TOP Romanian Brands |                    |6|
Conclusions


Commonly created by the MPP Consulting (Ukraine) and FEIRA Group (Moldova) the rating
RomBrand 2011 is the 12-th rating in 2011 published under the project TOP National Brands.

The issue of defining the most expensive national brands is not new, and consist not only in the
complexity of the assessment, but in the presence of a single methodology that would unify the
approach to this process regardless of the regional characteristics of individual countries.

That is why our agency is primarily goal was to create a single universal methodology to assess the
brands that can be used to determine the real market value of any brand in any market.

Process of developing the methodology was started in 2006 and only four years later she was finally
worked out in practice and has shown its real effectiveness. Thus, the use of this rating method of
estimating the brands most accurately reflects options, forming the current market value of each
brand, and allows us to create the rating of the most expensive national brands in a single country.

We hope that this rating, as well as an evaluation technique will be in demand by companies and
investors, and help more accurately and quickly determine the current real market value of each
brand.


MPP Consulting
Kiev, Ukraine
+38-044-361-46-47

www.mppconsulting.com.ua
office@mppconsulting.com.ua


FEIRA Group
Chisinau, Moldova

www.feiragroup.com




                                   | RomBrand 2011 | TOP Romanian Brands |                         |7|

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RomBrand 2011 - TOP 50 Romanian Brands

  • 1. ROMBRAND 2011 TOP 50 ROMANIAN BRANDS | RomBrand 2011 | TOP Romanian Brands | |1|
  • 2. About the RomBrand Regardless the globalization, every country always has its own national brands that sometimes could be much stronger and more popular inside the country, that well known international brands. Today the brand is often the biggest and very valuable assets, because the very strong and popular brand regardless of its scale and age allows the company to retain or to gain significant market share, and also provides an opportunity to actively develop at the global markets. In our times the business are increasingly faced the situation when the brand becomes one of the most expensive assets in the company's value, even compared with manufacturing facilities. And in such a situation, the most attention is paid to the brand value in mergers and acquisitions, as well as in public offerings of shares on stock markets or placing other types of securities in order to attract investment. In this case It is necessary to solve the puzzle, when the company realizes the full value of its brand, but can not express it in concrete figures. After many researches, the optimal solution was found, and since early 2010, the agency MPP Consulting has established long-term project of the national brands evaluation. Using the developed methodology the agencies MPP Consulting (Ukraine) and FEIRA Group (Moldova) created in 2011 the first rating of the most valuable brands of Romania – «RomBrand 2011». The main task of the rating «RomBrand 2011» was to determine the 50 most expensive Romanian brands, as well as their current real market value, based on the financial performance of companies using such brands (trademarks), as well as the positions of each company in the market and prospects for development both companies and their brands. It is worth noting that the ranking only includes brands created in Romania or for Romanian goods (services), although how much later they became known at national or global levels. The geographical origin of brands from Romania was the main criterion for selection of brands (trademarks), assessed in rating. * All rights to brands and trademarks mentioned or referred to in the ranting belong to their respective owners. | RomBrand 2011 | TOP Romanian Brands | |2|
  • 3. Methodology The methodology of the brand evaluation based on the evaluation of activity of companies brand- owners, and also takes into account several factors showing the market conditions that influence the brands, possible threats and perspectives for industries development. This methodology is based on analysis of factors influencing the market value of the brand: the company's position on market, consumer value of brand, as well as factors actual trends for the company and its brand. Brand value calculation formula: V = Fc * (Iq * Gq * Tq * Cq) * Uid V – brand value Fc – composite financial index Iq – investment index Gq – geographical index Tq – technological index Cq - competitive index Uid – unique identity index It is worth noting that the brand value includes only the cost of the brand (name), excluding production facilities, infrastructure, patents, inventions and other tangible or intellectual property. * Value of Brands in rating indicated in millions $ | RomBrand 2011 | TOP Romanian Brands | |3|
  • 4. TOP 50 1 - 18 Brand Value, mln.$ Logo Industry 1 Borsec 355 Drinks 2 Timişoreana 331 Beer 3 Dacia 259 Automotive 4 Bergenbier 219 Beer 5 Ursus 204 Beer 6 Murfatlar 186 Alcohol 7 LaDorna 177 Milk 8 Izvorul Minunilor 155 Drinks 9 Poiana 143 Confectionary 10 Ciucas 134 Beer 11 Băneasa 132 Foods 12 Zapp Mobile 129 Telecommunication 13 Napolact 121 Milk 14 Primola 120 Confectionary 15 Scandia 119 Foods 16 Bucegi 117 Foods 17 BCR 116 Financial services 18 Milupa 114 Milk | RomBrand 2011 | TOP Romanian Brands | |4|
  • 5. TOP 50 19 - 36 Brand Value, mln.$ Logo Industry 19 Ciuc 111 Beer 20 Biborteni 109 Drinks 21 Cotnari 104 Alcohol 22 Dorna 102 Drinks 23 Olympia 101 Foods 24 Rompetrol 99 Oil & Fuels 25 Gerovital 98 Cosmetics 26 Adevărul 92 Media 27 Banca Transilvania 88 Financial services 28 Albalact 85 Milk 29 Kandia 82 Confectionary 30 Golden Brau 79 Beer 31 Albacher 71 Beer 32 BRD 70 Financial services 33 Covalact 69 Milk 34 Romstal 63 Retail 35 Budureasca 54 Alcohol 36 Dedeman 50 Retail | RomBrand 2011 | TOP Romanian Brands | |5|
  • 6. TOP 50 37 - 50 Brand Value, mln.$ Logo Industry 37 Romtelecom 44 Telecommunication 38 Ardealul 43 Foods 39 Vel Pitar 41 Foods 40 Libertatea 40 Internet 41 Beciul Domnesc 39 Alcohol 42 Trilulilu 37 Internet 43 Mobexpert 35 Retail 44 Milli 34 Milk 45 Bunatati Bunica 29 Foods 46 Laura 27 Confectionary 47 Ave Impex 26 Foods 48 Petrom 24 Oil & Fuels 49 Tnuva 23 Milk 50 Bucovina 22 Drinks | RomBrand 2011 | TOP Romanian Brands | |6|
  • 7. Conclusions Commonly created by the MPP Consulting (Ukraine) and FEIRA Group (Moldova) the rating RomBrand 2011 is the 12-th rating in 2011 published under the project TOP National Brands. The issue of defining the most expensive national brands is not new, and consist not only in the complexity of the assessment, but in the presence of a single methodology that would unify the approach to this process regardless of the regional characteristics of individual countries. That is why our agency is primarily goal was to create a single universal methodology to assess the brands that can be used to determine the real market value of any brand in any market. Process of developing the methodology was started in 2006 and only four years later she was finally worked out in practice and has shown its real effectiveness. Thus, the use of this rating method of estimating the brands most accurately reflects options, forming the current market value of each brand, and allows us to create the rating of the most expensive national brands in a single country. We hope that this rating, as well as an evaluation technique will be in demand by companies and investors, and help more accurately and quickly determine the current real market value of each brand. MPP Consulting Kiev, Ukraine +38-044-361-46-47 www.mppconsulting.com.ua office@mppconsulting.com.ua FEIRA Group Chisinau, Moldova www.feiragroup.com | RomBrand 2011 | TOP Romanian Brands | |7|