EXPANSION
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Premier Energy Set to Further Expand Gas Networks
Romania’s current situation, where wood is the main heating source is an opportunity to expand gas networks, say the representatives of Premier Energy, the third largest gas supplier for hou...
Farmacia Ardealul Projects 7-8% Growth in 2021
Farmacia Ardealul, one of the strongest pharmacy brands regionally, will see a 7-8% increase in 2021 against 2020 on recent months’ rising sales in pharmacies, according to Ilie Echim, the c...
Softbinator Technologies Wants to Expand to Several US States, Israel
Romanian software development company Softbinator Technologies want to expand its physical presence in several US states, as well as to other states with a strong innovation scene, as the co...
Greece’s Jumbo 1H/2021 Revenues Up 34% To EUR72M vs 1H/2020
Greek toy retailer Jumbo, which has opened 14 stores in Romania since 2013, saw its revenues rise by 34% on the Romanian market in the first six months of 2021 against the year-earlier perio...
Ignite Logistic Ends 2020 with RON35.6M, Up 40% YOY
Ignite Logistic, a Sibiu-based company, founded in 2014 by two young entrepreneurs, Ioan Stroia and Remus Deac, in 2020 hit RON35.6 million turnover, up 40% year-on-year, being one of the mo...
McDonald’s Romania Likely to Near Record High RON1.2B Turnover in 2021
McDonald’s Romania, the largest restaurant chain on the local market, saw turnover go up by almost 40% in 1H/2021 to EUR110 million and should the pace be maintained, the company’s turnover...
Czech Rohlik Group To Expand To Italy, Romania And Spain In 2022
Czech-based online grocery group Rohlik plans to launch operations in Italy, Romania and Spain in 2022 under a new Sezamo brand, the company said on Thursday.
ANA Pan Sees Turnover Rise by 15% in 2021
Alexandra Copos de Prada, the daughter of businessman George Copos and Cristiana Copos, settled in London but involved in the development of store network ANA Pan, says the pandemic has brou...
Moldova Farming Wants to Cement Nationwide Foothold in Next 3-5 Years
Catalin Grigoriu, the entrepreneur who owns Bacau-based Moldova Farming, a grain farming and agricultural input distribution business together with Paval brothers, says he’s not considering...