French Revolution opens new store in Timpuri Noi Square

Business Forum
French Revolution, the Romanian confectionery brand specializing in artisanal éclairs, has opened its sixth store in Bucharest at Timpuri Noi Square, the office complex owned by Vastint Romania. 

The brand, which began in 2013 with a focus on corporate clients, has since grown to include six locations in the city, a franchise in Ireland, and a team of 90 employees. In 2024, the company recorded a turnover of €5.25 million.

The new location at Timpuri Noi Square is strategically placed within an office hub, aligning with French Revolution's expansion plans. 

”We hope the new space will become a key attraction for both employees working in the complex and visiting guests, offering not only delicious desserts and specialty coffee, but also a lively atmosphere ideal for socializing,” said George Panaitescu, Co-Founder and Co-Owner French Revolution.

Sorin Macoveiu, Commercial Manager at Vastint Romania, added: "The new store will complement the present facilities, that include a fitness center, a beauty clinic, a bank, a convenience store, a restaurant and a food market."

Macoveiu also highlighted the upcoming second phase of Timpuri Noi Square, which is currently under construction and will feature new retail spaces and a food hall concept called New Tales, a first for the local market.

This new phase will add a leasable area of 60,000 sqm, doubling the available office and commercial spaces within the complex to 112,000 sqm. 

The completion of this project, scheduled for Q4 2026, will expand Vastint Romania's portfolio to 155,000 sqm of leasable office space.

RECOMMENDED
Vastint Romania signs first tenant for TNS Phase 2
Real estate

Vastint Romania signs first tenant for TNS Phase 2

Vastint Romania, part of Vastint Group, has signed the first lease agreement for the second phase of Timpuri Noi Square (TNS). Scor, a global reinsurer, has selected the project for its permanent operations in Romania, where it will occupy 3,250 sqm.

Expur relocates HQ to Business Garden Bucharest
Real estate

Expur relocates HQ to Business Garden Bucharest

Vastint Romania has signed a new lease agreement with Expur for 940 sqm in Building A of Business Garden Bucharest. The oil processing company is relocating its headquarters to the modern office complex.

Vastint Romania adds flex office modules to portfolio
Real estate

Vastint Romania adds flex office modules to portfolio

Vastint Romania has rolled out a new business solution offering autonomous, fully furnished office modules for short-term lease agreements in response to growing demand for flexibility in the office market.

RECOMMENDED FROM THE HOME PAGE
Industry

Russian drone crashes into Galați residential area

A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.

Finance

Intesa Sanpaolo Bank Romania CEO resigns

The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).

Industry

Electro-Alfa International posts 12% revenue growth in Q1 2026

Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.

READ MORE
Business Forum  |  29 May, 2026 at 6:02 PM
Business Forum  |  29 May, 2026 at 1:00 PM