Novaservis Ferro Group, the subsidiary of Poland’s sanitary ware and heating solutions provider Ferro Group, which has a regional presence in Central and Eastern Europe and manufacturing facilities in Poland and Czech Republic, has taken out a EUR15 million two-year loan from BRD.
Poland’s alternative payments company PayPo, which provides buy now pay later-type solutions, wants to launch a mobile app on the Romanian market in 2023, set to facilitate so-called delayed payments in Romania’s offline commerce, explained Raul Durma, general manager of PayPo Romania
Teilor, the luxury jewelry store chain with bonds listed on the Bucharest Stock Exchange, continues to expand in Poland by opening a new store, in Wroclaw, thus reaching a portfolio of 13 units outside Romania.
Poland’s PayPo, which provides an alternative payment solution of the buy now pay later type for online retailers, has recently entered Romania’s market with a EUR20 million investment budget.
Luxury jewelry chain Teilor is expanding further in Poland by opening a new store, in Poznan, thus reaching a 63-unit network in five countries of Central and Eastern Europe.
Poland’s software engineering company Spyrosoft Solutions plans to reach 100 IT experts on the Romanian market by the end of 2022, company representatives said in a statement.
Poland’s brand Zelmer, recently taken over by a Spanish group, is set to enter directly on Romania’s market.
Poland’s Inovo VC, now raising capital for its third fund totally worth EUR100 million, plans to invest around 10-20% of this sum in tech startups of Romania.
Poland’s CCC, a major player in Romania’s footwear retail by turnover, is opening an offline store for its purely online brands epantofi.ro and Modivo in Mega Mall shopping center.
Romanian video game developer Amber has continued to expand and has opened a new office in Warsaw, Poland, its officials said. The new office will focus on programming, art and game design, aiming to increase Amber's expertise in PC and console game development.
Poland’s retail group CCC, operating particularly on the footwear market, in 2021 generated RON661 million (626.7 million zlotys) turnover, up 33% from 2020.
Poland’s Scallier, one of the most dynamic investors in small and middle-sized retail parks, contracted EUR8 million funding from OTP Bank Romania for the construction of Turda-based retail project Funshop Park, set to comprise around 9,000 square meters of commercial space built on a 24,000-sqm land plot.
At the beginning of April 2022, Poland’s software engineering company Spyrosoft Solutions opened a local office in Timisoara (western Romania), within the Vox Technology Park, where it leased 400 square meters of office space.
Poland’s CIECH Group, with a 75-year experience in the chemical products industry, enters the Romanian agribusiness market and establishes CIECH Agro Romania.
Romania, Poland and Slovakia are countries in Central and Eastern Europe (CEE) which reported an increase in the volume of transactions with real estate assets, according to data from real estate consulting company Cushman & Wakefield Echinox.
Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to market sources.
The Petromidia refinery, the most important asset of Kazakhstan’s KazMunayGas in Romania, as well as assets in the hydrocarbon production area of OMV Petrom, are on the radar of Poland’s PKN Orlen, a company in which the Polish government is the largest shareholder (27.5%).
Poland’s Amrest group expanded its Romanian network with two locations, a Burger King restaurant and a Starbucks coffee shop for a total of 62 in the first half.
Jewelry chain Teilor plans to invest RON30 million by yearend to develop its store network in Romania, Poland and Hungary, with the amounts earmarked per project averaging RON3.5 million.
Poland’s Solaris Bus & Coach, one of the largest public transportation electric vehicle manufacturers, has completed delivery of 16 electric buses to Craiova and of three trolleybuses to Medias, following contracts signed with the two municipalities in 2020.