EXPANSION
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Romanian Grampet Group Expands to Neighboring Serbia
Freight railway group Grampet, owned by Romanian businessman Gruia Stoica, has launched operations in Serbia, where railway freight transports have recently been liberalized.
Bella Casa Store Chain Expands To Five New Towns
Fertilis, the company holding Bella Casa, one of the leading players in the sector of interior decoration materials, entered the Romanian market 20 years ago. Currently, the Bella Casa chain...
German Fashion Retailer Kik Opens Third Store in Romania, Seeks Further Expansion
KiK, one of Germany’s largest discount clothing retailers, has opened its third store in Romania, in Uvertura Mall in Botosani, in a EUR200,000 investment, and seeks to expand to cities with...
Narcoffee Roasters Expands With Two Units In Bucharest Following EUR150,000 Investment
Narcoffee Roasters, the special coffee shop chain launched in Cluj-Napoca by entrepreneurs Marcelus Suciu and Dan Isai, has opened two units in capital Bucharest, following a total investmen...
Austrian Furniture Retailer XXXLutz Expands In Transylvania, By Opening 10,000-Sqm Store
Austrian furniture and home decor retailer XXXLutz, with global sales of EUR5.6 billion, plans to expand its activity in Romania’s central region of Transylvania where it will be opening a s...
Bucharest Otopeni Airport Extends Aircraft Parking Platform
The Bucharest National Airport Company (CNAB) will invest RON12.69 million net of VAT to expand the aircraft parking platform at Henri Coanda international airport by 15,000 square meters.
Coffee Shop Chain 5 To Go Plans To Double In Size In Two Years To Reach 200 Units
Coffee shop chain 5 To Go, established nearly three and a half years ago by architect and interior designer Radu Savopol, has reached 100 units operated in franchise and the plan is to doubl...
Veranda Mall Owner Gets EUR34M from CEC Bank for Expansion
Andrei Pogonaru, owner of the Veranda shopping center in Bucharest, has signed two loan agreements with CEC Bank for a total of EUR34 million to expand and update the mall.
RE/MAX Extends With Three New Franchised Offices In Timisoara, Cluj-Napoca, Suceava
Real estate agency franchise RE/MAX continues its expansion in Romania, by opening three new offices in franchise, in the cities of Timisoara and Cluj-Napoca and the town of Suceava, reachin...