EXPANSION
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PitechPlus Sees EUR9M Turnover in 2018, Seeks Scandinavian Expansion
Cluj-based software company PitechPlus estimates a turnover of EUR9 million this year, up 20% on the year, and seeks to expand to Scandinavian countries in 2019, after considerable growth on...
Carrier Dumagas To Invest EUR4M-EUR5M In Fleet Expansion In 2019
Dumagas, one of the largest freight carriers in Romania, will end the year with 15% higher revenue as a result of a higher volume of freight carried.
dm drogerie markt Opens 100th Store in Romania
German retailer dm drogerie markt, present on the Romanian market for over a decade, has opened its 100th store in Romania, in Ploiesti.
Mega Image Goes to Iasi with Two Stores
Grocery retailer Mega Image will open two stores in Iasi, which will mark its entry on this market in and the Moldavia region.
Sphera Franchise Group Opens Two KFC Restaurants in Satu Mare
Sphera Franchise Group, which manages the KFC, Pizza Hut and Taco Bell restaurants, continues expansion plans and will open two KFC restaurants in Satu Mare, northern Romania, investing EUR1...
Taco Bell Expands Outside Bucharest, Opens Unit Within Openville Timisoara
Taco Bell, the American chain of fast-food restaurants serving a variety of Tex-Mex foods, will be opening a unit within mixed-use compound Openville Timisoara (western Romania), developed b...
Decathlon Looking into Opening Smaller Stores, Order Pickup Points
French-held sporting goods retailer Decathlon has grown to 23 stores in Romania by opening a new one in the Veranda Mall and plans to continue expansion with two more – in Deva and in Bistri...
Multinationals Consider Cities Of Less Than 300,000 People For Expansion
Most of the office space in Romania is concentrated in Bucharest, where the stock is rapidly approaching 3 million square meters, and Cluj, Timisoara, Iasi and Brasov, which will come close...
World Class Fitness Center Chain Revenue Up 20% In Jan-Sept
World Class Romania, the largest network of fitness studios in the country, held by Polish private equity firm Resource Partners, ended the first three quarters of this year with 20% higher...