EXPANSION
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Teilor Wants to Raise EUR8M from Stock Market Investors via Private Placement
Jewelry chain Teilor, controlled by entrepreneur Florin Enache, plans to raise EUR8 million (RON40 million) from Bucharest Stock Exchange (BSE) investors through a private placement handled...
Romanian Tech Startup Tailent Announces Expansion Into Portugal
Tailent, the Romanian tech company known for democratizing access to Robotic Process Automation (RPA) solutions, continues to expand globally and is entering the Portuguese market through a...
ABN Systems International Wants to Tap New Foreign Markets; Counts on RON25M Tellur Sales
Domestic company ABN Systems International, owner of Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, wants to boost its exports and enter new...
AROBS Transilvania Eyes Stock Market Listing by Yearend
AROBS Transilvania Software, a Romanian IT company controlled by entrepreneur Voicu Oprean of Cluj, announced it plans to list on the AeRO market of the Bucharest Stock Exchange (BSE).
Tech startup Pluria Expands to Spain and Columbia
Tech startup Pluria, launched in September 2020 by entrepreneur Andrei Cretu, the co-founder of 7card network, launched the application on the markets of Spain and Columbia
Penny Wants 60% of Products Sold In Its Romanian Stores to Be Locally-Made and Processed by 2022
German-owned discount store chain Penny aims to have 60% of products sold in Romania manufactured and processed in Romania by 2022, according to the company’s representatives.
Romania’s Food Retail Sector Set to Grow 5% Per Annum, Reach EUR25B in 2025
Romania's food retail sector reached EUR19 billion in 2020, rising further despite the pandemic. The upward trend will continue, with the sector expected to grow on average 5% per year and r...
Bucharest and Ilfov Host 70% of Mega Image Stores; Cluj Comes Third
Bucharest and Ilfov are home to over 70% of the total number of Mega Image stores in Romania, with Bucharest leading. Meanwhile, Cluj has become the third most important county on the compan...
Spartan To Start Works On Its First Restaurant In Austria, In Minimum Investment Of EUR250,000
Romanian Stefan Mandachi, the owner of the Spartan restaurant chain, which has over 60 units, said the group he coordinates is in full expansion and in search of locations to open new restau...