The Tei Group, made up of Farmacia Tei and Bebe Tei, has opened new stores in Dolj County, in ElectroPutere Mall in Craiova, an investment that is part of the plan to expand outside Bucharest.
Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, continues the development of its restaurant portfolio with the opening of the first KFC Drive Thru restaurant in the city of Craiova, where the company already has three units.
French real estate group Catinvest is investing EUR36 million to expand ElectroPutere Parc from Craiova, along with the opening of the new Leroy Merlin store and the acquisition of the former Leroy Merlin store, which will be converted into a 11,000-square meter extension of the ElectroPutere Mall.
Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by France’s Catinvest.
Craiova-based garden machinery company Ruris has invested in a new logistic platform in Craiova and continues its plans to launch a small tractor on the market to meet demand on a market currently covered by Japanese used imported tractors.