Contakt plans CEE expansion

Business Forum
Romanian mobile accessories retailer Contakt has announced plans to expand its national network and venture into CEE markets in a bid to grow the business.

The company projects revenues of RON 137.9 million (€27.7 million) in 2025, up 6% year-on-year.

Contakt's strategic expansion includes opening 25 new stores across Romania and entering markets such as Poland, the Czech Republic, Serbia, and Hungary. 

The retailer is focusing on physical retail, which accounts for over 90% of its revenue, while also diversifying its offerings with proprietary brands and in-house services. These services include phone repairs, device detailing, and subscription plans for accessories, aimed at enhancing customer retention and creating recurring revenue streams.

"Growth is being fueled by network expansion, a more diverse product mix, and a sharper focus on premium offerings. As consumer behaviour shifts toward service, personalization, and convenience over standalone products, Contakt is responding by launching its brands and accelerating its expansion in Romania and neighbouring markets,” said Marcel Ioftor, Contakt Business Owner. 

Last year, Contakt saw a flat number of transactions, but the average value per purchase rose by more than 11%, indicating a shift toward higher-end products.

The company operates more than 230 stores nationwide.

RECOMMENDED
Romanias retail parks target smaller cities for growth
Real estate

Romania's retail parks target smaller cities for growth

Romania is positioning itself as a key retail market in Central and Eastern Europe, with developers shifting focus from large cities to smaller communities, according to a Colliers report. While large cities previously concentrated three quarters of modern retail stock, rising incomes and demand for modern formats are making communities of around 50,000 inhabitants attractive for new investment, with retail parks driving development.

Nepi Rockcastle grows H1 2025 net operating income by 12.1%
Real estate

Nepi Rockcastle grows H1 2025 net operating income by 12.1%

Nepi Rockcastle, Europe's third-largest listed retail real estate company by portfolio value, reported a 12.1% year-on-year increase in net operating income (NOI) in the first half of 2025, reaching €307 million. The company's investment property portfolio exceeded €8 billion for the first time in its history, supported by acquisitions completed in 2024 and active asset management. Vacancy remained low at 1.6%.

How is Goldbach Group banking on retail growth in smaller cities
Real estate

How is Goldbach Group banking on retail growth in smaller cities

Elena Oancea, Co-CEO of Goldbach Group, talked to Property Forum about the group's ongoing developments in the retail parks niche, the focus on sustainability in its construction and interior design divisions and its pipeline of photovoltaic projects in Romania.

RECOMMENDED FROM THE HOME PAGE
Finance

Nusco lists bonds on BVB

Nusco Imobiliara has listed its first corporate bond issue on the Multilateral Trading System (SMT) of the BVB.

READ MORE
Business Forum  |  28 October, 2025 at 6:55 PM
Business Forum  |  28 October, 2025 at 5:07 PM