EXPANSION
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5 To Go Set to End 2022 with EUR25M Turnover, Double 2021 Level
Coffee shop chain 5 to go, which has reached 400 units, will end 2022 with EUR25 million, according to its founder, Radu Savopol. The 2022 figure is almost double the 2021 level.
Jewelry Chain TEILOR Enters Czech Market with One Store, Reaches 63 Units
Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has oened its first store in the Czech Republic, in the Westfield Chodov shopping center of Prague.
BlackCab Plans to Expand to Further Cities of Romania
BlackCab, a provider of alternative transport services in Bucharest, Timisoara, Cluj and Constanta, plans to expand its services to other cities of Romania.
JYSK Plans to Open Four More Stores in Romania By Yearend
Alex Bratu, country manager at JYSK Romania and Bulgaria, one of the biggest furniture and home décor retailers locally, says the company plans to open four more stores by yearend beside the...
Minifarm Goes Beyond RON250M Turnover in 2021 After 14% Growth YOY
Regional pharmacy chain Minifarm topped RON250 million turnover in 2021, after a 14% increase on the year.
Hervis Romania Retrofits Stores, Set to Open Unit in Slatina
Hervis, a major player in sporting goods retail, with a network of around 40 units, has refurbished two stores since the start of 2022 and is remodeling a third one. The company is also due...
SII Romania Turnover Up 48% in Fiscal Year April 2021-March 2022 To EUR19M
SII Romania, specialized in IT services and solutions, ended fiscal year April 2021-March 2022 with EUR19 million turnover, up 48% from the previous period, according to the company’s offici...
Bucharest’s Radisson Blu Hotel Set to Add 200 Rooms By End-2023
Bucharest’s Radisson Blu Hotel will have 200 additional rooms by end-2023, so that the entire compound made up of Radisson Blu and Park Inn by Radisson Hotel & Residence Bucharest will compr...
Mayr-Melnhof Has Over EUR10M Earmarked for Investments in Romania
Mayr-Melnhof, a major player on Romania’s packaging production market, is investing to expand its production capacity and warehousing spaces in Ploiesti. The company has an over EUR10 millio...