Industry | 29 May, 2025 at 4:55 PM
Flanco opens first store in Cluj-Napoca
Flanco, the local smart discounter for electronics and IT, has opened its first store in Cluj-Napoca, in the Artema Shopping Center.
Flanco, the local smart discounter for electronics and IT, has opened its first store in Cluj-Napoca, in the Artema Shopping Center.
Romanian tech retailer Flanco has announced its most significant expansion strategy in six years, committing approximately RON 20 million (close €4 million) to investments.
Romanian retailer Flanco expanded its Smart Discounter network in April by opening two new stores and revamping a third, bringing the total number of projects under this brand to 22.
This move represents a strategic step towards providing employees with a modern, comfortable working environment in a multi-purpose building that offers top-tier facilities.
The retailer Flanco announced the acquisition of its first two real estate projects for new greenfield stores. They are located in commercial areas of Botoșani and Brașov and were purchased in the last six months.
Delgaz Grid S.A., the electricity and natural gas distribution company of the E.ON România Group, has signed a sustainable refinancing worth RON 3 billion (around €572 million) to meet the company's liquidity needs.
Romania's media market reached an estimated net value of €838 million in 2025, up 5.4% compared to the previous year, according to Media Fact Book 2026, Initiative's annual report.
The Romanian Government has adopted a financing instrument worth RON 5.313 billion (€1 billion) to develop production capacities in Romania.
NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.
Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.