PENNY surpasses €2 billion in revenue and announces €3 billion investment plan to expand its network by 2035
PENNY Romania closed 2025 with a turnover of RON 10.6 billion, equivalent to more than €2 billion, representing a 12% increase compared to the previous year. The result confirms the retailer’s sustained growth trajectory in a context where the food retail market remains one of the most competitive sectors of the Romanian economy. The company […]
Bucharest office market slowly recovers: demand increases but remains below pre-pandemic levels
The modern office space market in Bucharest started 2026 with a moderate increase in leasing activity, although the pace remains below pre-pandemic levels. According to data published by Colliers, new demand increased by 24% in the first quarter, reaching approximately 24,000 sqm, while the total volume of leasing transactions rose by 14% to around 51,000 […]
Schneider Electric sets new sustainability targets and reports an 82.5% reduction in operational emissions
Schneider Electric has published the first results of its Impact 2030 sustainability program, the new strategic framework through which the French group measures progress in areas such as emissions reduction, energy efficiency, and technical skills development. For the first quarter of 2026, the company reported an internal Impact score of 3.40 out of 10, compared […]
Kaufland opens its first store in Chitila and continues expansion in the Bucharest metropolitan area
Kaufland Romania has inaugurated its first store in Chitila, Ilfov County, continuing its expansion strategy in the Bucharest metropolitan area, where competition among major food retail chains remains intense. The new unit, located on Șoseaua Banatului, will create approximately 70 jobs and strengthens the company’s presence in towns surrounding the capital. The store has a […]
Schneider Electric bets on building automation to reduce energy consumption
Rising energy costs are accelerating investments in building automation, while technology providers are seeking to capitalize on this trend through integrated energy management platforms. In this context, Schneider Electric is promoting in Romania its SpaceLogic KNX solution, designed to control and optimize consumption in residential and commercial buildings. The system is built on the international […]
CEC Bank strengthens its position on the external remittances market through the expansion of its international transfer services
CEC Bank is expanding its money transfer services by introducing the possibility to send funds from Romania to other countries directly through its branch network, in partnership with the Transfer Rapid platform. The initiative marks an expansion of the bank’s presence in the international remittances segment, a market driven both by labor mobility and the […]
Maxi Pet expands its network in Bucharest and bets on the growth of the pet products market
Retailer Maxi Pet has opened a new hypermarket in Sector 4 of Bucharest, reaching three operating units in the capital and continuing its expansion in a growing local pet products market. The new location, situated on Emil Racoviță Street, covers 500 sqm and includes more than 15,000 products, ranging from pet food and supplements to […]
CTP expands iwis factory in Oradea by 4,000 sqm, strengthening the industrial platform at the western border
CTP has completed the expansion of the 4,000 sqm production facility operated by iwis within CTPark Oradea City, increasing the German automotive manufacturer’s total occupied area to 11,000 sqm. The project comes four years after iwis entered the industrial platform in northwestern Romania and reflects a gradual growth of local operations. The expansion is intended […]
Primark enters the Craiova market: fifth store in Romania to open in June
International retailer Primark will open its first store in Craiova on June 9, within ElectroPutere Parc, marking the expansion of its local network to five operational units in Romania. The new location, with a surface of 3,185 sqm, strengthens the brand’s presence in the south-west of the country and continues its national expansion strategy initiated […]
Mastercard and BCR test the first commercial payment via AI agent in Romania
Mastercard and BCR announced the completion of Romania’s first live commercial transaction initiated by an artificial intelligence agent and authenticated within a real operational framework. The test marks the country’s entry into a new stage of digital payments, where software can act on behalf of the customer, with the customer’s approval. The transaction was processed […]