Flanco opens first store in Cluj-Napoca

Business Forum
Flanco, the local smart discounter for electronics and IT, has opened its first store in Cluj-Napoca, in the Artema Shopping Center.

This new store spans over 1,000 sqm and is a key part of Flanco's most extensive network development plan in the last six years, backed by an investment of around RON 20 million (€4 million).

Ovidiu Nicușan, Marketing Director at Flanco, said: "Cluj-Napoca is a significant and rapidly developing urban center with a dynamic demographic profile, receptive to technology and open to innovation – a very suitable audience for the smart discounter concept. Therefore, opening a store here was a natural step for us." He added, "This year, we are focusing on expanding into large cities and high-traffic commercial centers with extensive stores, over 1,000 sqm, to reflect the full potential of our new positioning."

In addition to the Cluj-Napoca opening, Flanco also completed the renovation of its Târgu Mureș store, located in Shopping City.

Flanco's network currently counts 160 stores across the country.

RECOMMENDED
Romanias long term retail pipeline reaches 800,000 sqm
Real estate

Romania's long term retail pipeline reaches 800,000 sqm

The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade. 

RECOMMENDED FROM THE HOME PAGE
ESG

Bog'Art achieves sustainability targets in advance

Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.

Finance

New Fidelis bonds listed on BVB

Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.

READ MORE
Business Forum  |  19 December, 2025 at 5:22 PM
Business Forum  |  19 December, 2025 at 3:08 PM