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.
HempFlax Netherlands, a large cultivator and processor of industrial hemp, has announced plans to sell its extensive agricultural portfolio.
Romanian private healthcare group MedLife has completed the full acquisition of the Medstar group of clinics in Cluj-Napoca.
The initial public offering (IPO) of Electro-Alfa International kicked off on February 2nd and will end on 11th February 2026.
Romania's foreign exchange reserves reached €65.81 billion on 31 January 2026, according to data released by the National Bank of Romania (BNR).
Romanian payment solutions company Selfpay has signed a €1 million investment credit facility with BT to accelerate its development plans through the acquisition of new payment terminals that will be operated directly by the company.