EXPANSION
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Cris-Tim Wants to Enter New Markets
Cris-Tim group, one of the main Romanian businesses in the food sector, currently exports on 18 European markets and its future strategy includes targeting new markets, such as Africa or Asi...
Fashion Brand Hugo Boss Opens Fourth Store in Romania in Palas Mall of Iasi
German luxury brand Hugo Boss will open its first mall outside Bucharest and its fourth in Romania in Palas Iasi Mall.
Andersen Global Expands to Europe via Collaboration with Romania’s CMF Consulting
Andersen Global, an international association of independent consultancies, founded in 2013 in the US, is expanding its activities in Europe via a collaboration agreement with CMF Consulting...
Britain’s Endava Expands Further in Romania
British software company is cementing its foothold in Romania and opening a new office in Craiova, on an around 500-sqm area.
Mega Image Expansion in 2022, Slowest in 11 Years
Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, ended last year with a network of 956 supermarkets and convenience stores, 36 more than it had at the end of 2021.
Iasi-Based Software Developer SABS Set to Expand Further
Iasi-based SABS, specialized in software development, which started 2023 by opening an office in Bucharest, wants to continue expansion plans and targets countries such as Serbia, Macedonia,...
Penny Romania Gets EUR160M from Parent Company to Speed Up Development
Discount retailer Penny Romania has received a EUR160 milion cash infusion from its parent company in Germany, which it will use to speed up development, ZF has found.
Optical Retailer Lensa Wants to Open 15 Stores in 2023, Enter Two New Markets
Optical retailer Lensa plans to open 15 stores this year and expand its activity in two new countries in the region, says Nicoleta Dumitrescu, the company’s COO.
Lidl Set to Build Biggest Warehouse in Romania in EUR40-50M Investment
Lidl, leader of Romania’s food retail, with around 350 discount shops in Romania, is developing the largest warehouse in Romania, of 8 hectares (80,500 square meters), in line with ZF data.