02.17.2021

FintechOS, which specializes in the development of digital transformation solutions for the financial industry, ended 2020 with annual recurring revenue, an important indicator for the companies more

02.16.2021

Real estate developer Iulius Group of businessman Iulian Dascalu will allocate 25% of the 6,000 square meter retail space expansion of Palas Iasi to local entrepreneurs and producers. The company is more

02.04.2021

Agroland Business System, the most extensive farming store chain in Romania, has opened its first MEGA store this year, out of eight planned, in a EUR500,000 greenfield investment excluding inventory. more

01.26.2021

Discount retailer Penny will continue to hire in 2021, as a result of store chain expansion and the development of a new warehouse. more

01.25.2021

NEPI Rockcastle, the biggest mall owner in Romania, has started work on expanding the Promenada mall and on the office building to be integrated into the shopping center in the north of Bucharest. more

01.25.2021

Local coffee shop chain Captain Bean expanded in full gear last year, amid the pandemic, when its franchisees opened ten coffee shops. The network therefore ended 2020 with 17 coffee shops, and there more

01.19.2021

Modern retail chains in Romania are preparing to open 400 new stores in 2021 and spend EUR700 million to EUR800 million on expansion, on upgrades and logistics, ZF has found from the data they more

01.12.2021

Romania's biggest online retailer eMAG is expanding its Genius delivery service to Craiova, Ploiesti, Galati, Braila, Sibiu, Pitesti and Buzau, the retailer said Tuesday. more

01.12.2021

Retailer Profi, held by Mid Europa Partners, plans accelerated development in the next years, targeting over 2,000 stores by 2024. more

01.11.2021

Romanian coffee shop chain 5 to Go, founded in 2015 by two local entrepreneurs, ended 2020 with over 220 units locally and plans to continue expansion in the following years, said co-founder Radu more

12.30.2020

German-held Kaufland group, the leader of the local grocery retail, opened 10 hypermarkets in 2020, its fastest expansion pace in the last few years, for a total of 138. more

12.24.2020

Retailer Mega Image will end the year with another sound growth of its sales, but CEO Mircea Moga says this year, marked by the COVID-19 pandemic, was a year of change and challenges. more

12.22.2020

Vifrana, the leading organic wine producer in Romania by the cultivated area, wants to repay a loan of RON8.2 million contracted ten years ago from state-run lender CEC Bank, to invest in technology more

12.21.2020

German-held discount store chain Penny has opened 20 stores this year without closing any in Romania. The company expanded at the same pace it announced a while ago and will continue do so in the more

12.16.2020

Computer and electronics retailer Altex, the leader of this market in Romania, has invested EUR27 million in business development this year, choosing to continue expansion despite the COVID-19 more

12.14.2020

Scandinavian furniture and home décor retailer JYSK opens its second store in Sibiu and 95th in Romania on Thursday, December 17. more

12.14.2020

Frisbo, the first full provider of e-fulfillment services in Romania, which takes over depositing and processing the orders of online shops, said Monday it was expanding operations to five new more

12.08.2020

KMG International recently opened a new Rompetrol filling station in Georgia, in the Borjomi municipality, in line with the new concept of filling stations in Romania, Moldova and Bulgaria. more

12.08.2020

German discount fashion store chain Kik has grown to 54 stores in Romania after having opened 17 in several cities of the country during the pandemic. more

12.07.2020

German discount chain Lidl is expanding its Romanian network, by opening two new stores in the town of Siret (Suceava County) and the town of Gheorgheni (Harghita County), respectively, on December more

11.27.2020

Food ordering and delivery platform foodpanda has expanded its operations to 19 new cities in 2020 and seeks to cover two other localities by the end of 2020, respectively Tulcea and Giurgiu, reaching more

11.24.2020

VTEX, one of the world’s leading e-commerce platforms, is accelerating its expansion in the region of Central and Eastern Europe (CEE) by concluding new partnerships in Bulgaria and Poland, which it more

11.20.2020

Expo Market Doraly, one of Romania’s biggest shopping parks specialized in home items and food products, located in the township of Afumati (Ilfov county), has completed and put into operation a new more

11.18.2020

Scandinavian furniture and home décor retailer JYSK is continuing its expansion in Romania, by opening a new 1,200-square meter store within the Nova Shopping Park retail complex in Turda (Cluj more

11.18.2020

Electronics retailer Altex opens a new store on November 19 in Deva, Hunedoara county, in a company-owned space, following an investment of EUR5 million. more