04.21.2021

Romania's leading electronics retailer Altex continues expansion and opens a new store in Husi, Vaslui county, eastern Romania, on Thursday, following an investment of EUR3 million. more

04.20.2021

FintechOS, global technology provider for banks, insurers and other financial services companies, announced Tuesday it has raised $60 million (EUR51 million) in Series B funding. more

04.16.2021

Retailer Profi held by buyout investor Mid Europa Partners, seeks to expand to 2,500 stores by 2024, as well as attain RON20.5 billion sales and 23.9% market share, a report of the company shows. more

04.15.2021

Implant Expert DSO, which operates dental clinic chain Dr. Leahu, will be opening a new clinic on April 17 in Ploiesti, following an investment of EUR500,000. more

04.12.2021

Roofing manufacturer Wetterbest seeks to expand to new export markets, after having become part of Ireland’s Kingspan group last year, following the sale of the Steel division by TeraPlast. more

04.08.2021

Pharmaceutical company USP, active in the over-the-counter (OTC) medicines and food supplements markets, enters the Romanian market in April, it said in a press release Thursday. more

04.07.2021

Dedeman, the largest Romanian entrepreneurial business and biggest local DIY chain, opens its 55th store in the country Friday, April 9, in Sfantu Gheorghe, in the proximity of the recently opened more

03.25.2021

Agroland Group (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has opened two new MEGA stores in Craiova and Sfantu Gheorghe in March, in a total more

03.22.2021

Romanian game developer Amber reported a turnover of RON85 million in 2020, topping the $20 million threshold, up 58% compared with 2019, following expansion. more

03.16.2021

European fashion platform Zalando plans to expand to Romania and Hungary in 2022, after tapping new markets in Croatia, Estonia, Latvia, Lithuania, Slovakia and Slovenia in 2021. more

03.04.2021

Fornetti Romania, one of the largest actors on the pastry market in the country, is looking at development opportunities through franchising especially in the big and medium-sized cities and in more

03.03.2021

Supermarket and convenience store chain Profi held by buyout investor Mid Europa Partners, opened 31 stores in the first two months of the year, 15 in January and 16 in February. more

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