Kaufland, one of the most powerful players in the local retail, wants to reach 250 stores in Romania and the Republic of Moldova by 2030, by opening between 10 and 15 units annually.
Sphera Franchise Group, the company that operates KFC, Pizza Hut and Taco Bell brands in Romania, is expanding its portfolio by taking over Hard Rock Cafe franchising rights for Romania and the Republic of Moldova.
Dedeman, Romania’s largest DIY retailer, is expanding its operations to the Republic of Moldova “via a strategic investment that will generate jobs and consolidate the regional business climate” has announced the company.
Andrei Stamatian, CEO of Republic of Moldova’s EnergBank, has received approval from Romania’s central bank to become a member of the Board of Directors of Libra Bank, replacing entrepreneur Siminel Andrei, who retired in the fall of 2024, Libra Bank said in a report to the Bucharest Stock Exchange on Wednesday.
ROCA Industry, the Romanian holding company specialized in the construction material segment and listed on the main market of the Bucharest Stock Exchange, has already invested more than EUR6.5 million in its operations in the Republic of Moldova.
Beko Romania has appointed Marius Mihailescu to the position of Chief Executive Officer (CEO) for Romania, Moldova, Greece, Malta and Cyprus.
Anglo-Dutch giant Unilever, one of the largest players on the consumer goods market, appointed Monica Tamas as General Manager of Unilever Romania and Moldova starting January 2025.