Industry | 19 March, 2025 at 8:55 PM
Pepco Romania names new Head of Operations
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
180,000 kilometers were covered by employees, which translated into a total of €30,000 donated by the company to NGOs in five countries, including "Ana si Copiii" Association in Romania.
About 62% of the customers visit the store at least 2–3 times a month, the highest percentage of all countries where Pepco is present.
In 2023, Pepco has employed more than 30,000 women in its European retail chains, with women accounting for up to 93% of the retailer's workforce in Europe.
The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.