EXPANSION
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Romanian Game Developer Amber Eyes 36% Higher Revenues, Of RON117M, By End-2021
Romanian video game developer Amber reported turnover worth RON50 million in the first six months of 2021, up 45% against the year-earlier period, and expects revenues to grow 36% to RON117...
Profi Opens 100 Stores in Romania In January-August 2021
Profi retailer, controlled by Mid Europa Partners investment fund, opened 100 units in the first eight months of 2021. The initial target envisaged 250 new store openings in 2021, but the co...
iBanFirst Expands Into CEE By Opening Its First Regional Office, In Capital Bucharest
French fintech iBanFirst, which operates an online platform enabling companies to conduct fast transactions in over 30 currencies, is expanding into Central and Eastern Europe (CEE), by open...
Gebrüder Weiss Plans to Expand Logistics Space in Bucharest and Sibiu by 20% in 2022
Gebrüder Weiss, one of the largest logistics and transport operators in Romania, plans to expand its logistics space in Bucharest and Sibiu by about 20% next year. The company currently has...
Public and Private Firm Data Aggregator Global Database Wants to Raise EUR1.4M for Expansion
Global Database, an aggregator of public and private company data founded by two Romanians in 2015, wants to get EUR1.4 million funding for development, marketing investment and to hire sale...
Jewelry Retailer Teilor Posted RON88M Sales in 1H/2021, Up 116% from 1H/2020
Jewelry retailer Teilor generated sales of RON88 million in the first six months of this year, 116% above turnover hit in the same period of 2020 and over 46% higher than in the first half o...
Carrefour Romania: Bucharest Generates 35% of Overall Operating Profit
French-owned Carrefour, which covers several store formats domestically, has 337 units in Romania. By yearend, the retailer will go beyond the 350-unit threshold, though.
Kaufland Romania: There Is Still Room for Growth on Romanian Market
German-held retailer Kaufland Romania, the second largest player in Romanian retail by turnover in 2020, is betting on store openings in small urban areas with around 20,000 inhabitants, wit...
NEPI Rockcastle Resumes Expansion Plans in Romania
NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has resumed expansion in Romania in Bucharest and in Craiova.