EXPANSION
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Austria’s Qualisoft Banks on 65% Turnover Growth in Romania in 2022 To EUR5M
Software services company Qualysoft Romania, part of the Austrian group of the same name, ended 2021 with turnover of above EUR3 million, up around 95% on the year and expects over 65% turno...
Symphopay Seeks to Raise EUR2M Investment to Expand Abroad
Symphopay, a local startup providing an intelligent POS solution for companies, needs an investment of around EUR2 million to be able to expand abroad starting next year.
Vatis Tech Nears Completion of Second Investment Round of EUR700,000
Romanian startup Vatis Tech, which created a speech recognition platform for audio-video content processing, is about to complete the second investment round, worth around EUR700,000, which...
Lantmännen Unibake Romania Starts Works at New Pantelimon Bread Specialties Plant
Lantmännen Unibake Romania, a major player on Romania’s bakery market, has started building the new plant of Pantelimon where it will manufacture premium bread specialties.
Sportwear Retailer SportGuru Wants to Open 1-2 Stores in 2023 in Nearly RON10M Investment
Sportswear retailer and wholesaler SportGuru plans to expand its own store network by one or two units in 2023, with investments likely to hit RON10 million, the company’s founders told ZF.
Retail Pharmacy Chain DONA Seeks to Develop Mainly in Smaller Cities
Retail pharmacy chain DONA, which owns 320 pharmacies of its own and almost 30 franchised, plans to expand countrywide, to smaller cities where it does not have a presence yet, DONA chief fi...
Optical Retailer Lensa Plans to Open Four More Stores in 2022
2022 is the year of accelerated expansion for optical retailer Lensa as the company already opened 16 new stores in the first nine months and plans to launch another four this year, explaine...
Orange Romania Expands Its 5G Network To Sibiu
Orange Romania, the leader of the Romanian telecom market, has expanded its 5G network to the central city of Sibiu, the company said in a statement.
Sun Wave Pharma Wants Own Plant in Romania
Sun Wave Pharma, a company specializing in the production of natural supplements, set up in 2008, has ambitious growth plans locally, in Romania, but also in the region, in ECE, where it wan...