EXPANSION
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Optical Retailer Lensa 1H/2022 Turnover Soars around 70% vs 1H/2021 To RON58M
Optical stores Lensa in the first six months of 2022 posted sales of RON58 million (EUR11.7 million), including the online platform, up 68% from RON34 million (EUR6.9 million) in the same pe...
Encorsa Sees 2022 Turnover Surge 66% to EUR1M YOY
Romanian software company Encorsa, set up in 2019 by Romanian entrepreneurs Razvan Gabriel Ogrezeanu, Radu Margarit and Catalin Profir, expects turnover to reach EUR1 million (around RON4.8...
Shaormeria Baneasa Doubles Network, Nears 30 Fast-Food Units
Shaormeria Baneasa, a shawarma restaurant chain founded in 2021, has almost doubled its network since early 2022, heading toward 30 units.
Coffee Shop Chain Tim Hortons Posts First Jobs Ads in Romania
Canadian coffee shop chain Tim Hortons has posted its first job ads for Romania, a move that could indicate the group is preparing to arrive in the country.
Jewelry chain Teilor Opens Third Store in Hungary, Reaches 62 Units in CEE
Luxury jewelry store chain Teilor, with bonds listed on the Bucharest Stock Exchange, is further expanding in Hungary by opening its third store in Budapest and reaches a 62-unit network in...
Komoder Set to Open Showroom in Vienna in September
Romanian massage chair retailer Komoder will enter Austria’s market in September with a new showroom in Vienna, after having recently opened a showroom in Malaga, Spain.
Bucharest’s Royal Hospital Aims for 15-20% Higher Turnover in 2022 YOY
Bucharest’s Royal Hospital, founded by gynecologist Ioan Stoian, has budgeted 15-20% higher turnover for 2022 and will add two floors next year, according to its officials.
Grocery Retailer Annabella Wants to Step Up Expansion in Late 2022
Alexandru Soacate, deputy CEO of retailer Annabella, says the company has opened two units so far in 2022, but it wants to step up the pace and reach 10-15 opened units by yearend.
Carturesti Has EUR1M Expansion Budget in 2022
Serban Radu, one of the two stakeholders in bookstore chain Carturesti, says the company has an almost EUR1 million budget for expansion.