EXPANSION
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2022 Expected to Bring Fastest Expansion So Far for Romania’s Modern Retail
2022 is expected to be the year Romania’s modern retail will witness the quickest expansion so far, with over 500 new units and investments of at least EUR1 billion.
Teilor Bets on Foreign Expansion
Florin Enache, founder of jewelry chain Teilor, which has reached a network of around 60 stores on four markets of Central and Eastern Europe, believes foreign expansion is undoubtedly a win...
Farmec Cluj Expects Turnover to Rebound in 2022
Mircea Turdean, general manager of Farmec Cluj, the biggest local producer of cosmetics, expects the company’s turnover to return into the black this year after a several percentage drop in...
Ambulance Maker Deltamed Set to Open New Plant in Aiud
Cluj-based ambulance and special vehicle producer Deltamed, a business controlled by four local entrepreneurs, plans to open a new production unit in Aiud (Alba County).
Prevent Set to Open Third Clinic in 2022
The third clinic under Prevent umbrella is going to be opened in 2022.
Profi Ends Year with 173 New Stores
Retailer Profi, held by buyout investor Mid Europa Partners, opened a total of 19 new stores in December, 18 of which were in the Loco format used in rural Romania.
Theta Furniture&More Is Considering Growth Through Acquisitions
Theta Furniture&More, one of the largest players in the interior design and custom furniture market in Romania, is also considering growth through acquisitions.
What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationa...
Adinish Eyes Hungarian and Moldovan Markets
Adinish, one of the best known local businesses focused on the sale of children’s items, for 2022 plans to open showrooms, in a franchise system, in Timisoara, Iasi, Brasov and Constanta, st...