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EXPANSION

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Romanian Startup Footprints Closes First Funding Round with EUR100,000 Investment Raised from 8 Investors
Companies

Romanian Startup Footprints Closes First Funding Round with EUR100,000 Investment Raised from 8 Investors

Romanian company Footprints for Retail, which operates a Retail Media platform, has closed its first funding round and attracted a EUR500,000 investment, with the company being now valued at...

Roxana Dumitru Rosu - Mediafax · 22.12.2022 · 10:08 · 1 min
SHC Restaurant Group Set to Reach RON50M Turnover in 2022, Up 30% from 2019
Companies

SHC Restaurant Group Set to Reach RON50M Turnover in 2022, Up 30% from 2019

In 2022, SHC group of restaurants will generate turnover worth RON50 million (EUR10 million), 30% above the 2019 level.

Miruna Diaconu · 22.12.2022 · 08:56 · 1 min
Luxoft Reaches 2,500 Employees in Romania, Opens Coworking Spaces in Cluj-Napoca and Iasi
Technology &Telecoms

Luxoft Reaches 2,500 Employees in Romania, Opens Coworking Spaces in Cluj-Napoca and Iasi

Luxoft Romania, a wholly owned subsidiary of DXC Technology and one of Romania’s biggest software development and IT solutions company, has expanded its team in recent years and ends 2022 wi...

Roxana Dumitru Rosu - Mediafax · 19.12.2022 · 11:19 · 1 min
Cora Expands Delivery Service Nationwide in Romania
Retail&Consumer

Cora Expands Delivery Service Nationwide in Romania

French-Belgian retailer Cora, present in Romania with an omnichannel business including 10 hypermarkets, the ecommerce platform www.cora.ro and 8 cora Urban proximity stores, is cementing it...

Roxana Dumitru Rosu - Mediafax · 19.12.2022 · 11:08 · 1 min
Cargus Plans to Expand to Six European Markets in 2023
Companies

Cargus Plans to Expand to Six European Markets in 2023

Courier services company Cargus, a major player on Romania’s market, plans to expand its activity in six European countries next year.

Miruna Diaconu · 19.12.2022 · 10:22 · 1 min
Novum Invest Expands Olimp Luxury Housing Compound
Real Estate

Novum Invest Expands Olimp Luxury Housing Compound

Real estate developer Novum Invest, with several projects in its portfolio, is expanding the seaside luxury housing compound Novum Grand Resort.

Alina-Elena Vasiliu · 16.12.2022 · 09:59 · 1 min
Minifarm Pharmacy Chain Expects 2022 Turnover to Rise by 27% To RON317M
Companies

Minifarm Pharmacy Chain Expects 2022 Turnover to Rise by 27% To RON317M

Minifarm pharmacy chain, which has opened units in Tulcea and Constanta counties, estimates it will end 2022 with 27% higher turnover and thus reach RON317 million, in line with the company’...

Mirabela Tiron · 15.12.2022 · 09:49 · 1 min
Teilor Reopens AFI Cotroceni Store after Revamp under New Format
Companies

Teilor Reopens AFI Cotroceni Store after Revamp under New Format

Luxury jewelry chain Teilor is reopening the store of shopping center AFI Cotroceni after a complete revamp under a new format, with this being the 13th unit included in the Oragne Concept S...

Roxana Dumitru Rosu - Mediafax · 14.12.2022 · 11:10 · 1 min
Romanian Startup Nestor Likely to See Revenues Double in 2022 from 2021
Technology &Telecoms

Romanian Startup Nestor Likely to See Revenues Double in 2022 from 2021

Nestor, a local startup that developed a people intelligence platform, expects to end 2022 with twice as high revenues as in 2021 as 2022 has been a lucrative year for the company.

Ioana Nita · 14.12.2022 · 10:29 · 1 min