Industry | 10 April, 2025 at 2:22 PM
Penny Romania plans to invest €3 billion over a decade
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.
Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh and is expected to be constructed primarily during 2026, with commissioning planned for late 2026 or early 2027.
The EY Entrepreneurship Barometer reveals that 60% of Romanian entrepreneurs plan to invest in innovation, even as 63% consider the business environment unfavourable. The study, conducted in spring 2025, highlights significant obstacles affecting business development in the country.
Rețele Electrice Romania has begun implementing a new advanced automated distribution management system (AADMS) and workforce management system (WFM) to continue digitalising the electricity distribution network. The project is valued at over €27 million and the services were purchased through a tender on the public procurement platform.
Romania's construction work volume increased by 9.3% in the first nine months compared to the same period in 2024, according to data from the National Institute of Statistics (INS).
Romanian mobile phone accessories retailer Contakt has announced its entry into the Czech market with two locations in Prague, marking a new step in its European expansion plan. The company has signed for locations in high-traffic malls with official opening estimated for March 2026.