EXPANSION
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Fashion Platform Zalando Seeks to Expand to Romania, Hungary in 2022
European fashion platform Zalando plans to expand to Romania and Hungary in 2022, after tapping new markets in Croatia, Estonia, Latvia, Lithuania, Slovakia and Slovenia in 2021.
Fornetti Romania Plans to Open 100 Franchised Stores in 2021
Fornetti Romania, one of the largest actors on the pastry market in the country, is looking at development opportunities through franchising especially in the big and medium-sized cities and...
Profi Steps Up Expansion, Opens 16 Stores in February
Supermarket and convenience store chain Profi held by buyout investor Mid Europa Partners, opened 31 stores in the first two months of the year, 15 in January and 16 in February.
FintechOS Aims To Double Its Turnover, Expand Into Markets In U.S., Middle East, North Africa In 2021
FintechOS, which specializes in the development of digital transformation solutions for the financial industry, ended 2020 with annual recurring revenue, an important indicator for the compa...
Developer Iulius Group Sets Aside 25% of Palas Iasi Expansion for Local Entrepreneurs
Real estate developer Iulius Group of businessman Iulian Dascalu will allocate 25% of the 6,000 square meter retail space expansion of Palas Iasi to local entrepreneurs and producers. The co...
Agroland Opens First Store in 2021 in EUR0.5M Greenfield Investment
Agroland Business System, the most extensive farming store chain in Romania, has opened its first MEGA store this year, out of eight planned, in a EUR500,000 greenfield investment excluding...
Penny Set to Keep Hiring, Expanding in 2021
Discount retailer Penny will continue to hire in 2021, as a result of store chain expansion and the development of a new warehouse.
NEPI Rockcastle Starts Works on Expansion of Promenada Mall
NEPI Rockcastle, the biggest mall owner in Romania, has started work on expanding the Promenada mall and on the office building to be integrated into the shopping center in the north of Buch...
Captain Bean Grew To 17 Coffee Shops In 2020, Plans to Continue Expansion
Local coffee shop chain Captain Bean expanded in full gear last year, amid the pandemic, when its franchisees opened ten coffee shops. The network therefore ended 2020 with 17 coffee shops,...