Praktis, one of Bulgaria’s fastest-growing DIY retailers, is showcasing what modern home-improvement retail looks like with the opening of its newest and largest store in Sofia. The expansion highlights the strength of the Praktis business model and the wider growth potential of its parent company, Limex. Walking through the store with Lyuben Milchev,...

MR.DIY Poland Sp. z o.o. has reached an important milestone with the opening of its 10th store in the country, located at Toruń Plaza. The new location strengthens the company’s fast-growing presence in Poland and supports its strategy to build a nationwide retail network. The Toruń store expands MR.DIY’s footprint beyond major urban centres, offering...

Panasonic has officially opened its fully modernised and expanded heat pump gigafactory in Pilsen, Czech Republic, marking one of the company’s most significant European investments. The upgraded plant, built with a €320 million investment, will become a central hub for the production and development of Panasonic heat pump technologies for the entire...

Kronospan has completed the acquisition of the ZG Timber sawmill in Sebeș, previously owned by the insolvent Ziegler Group, according to Economedia.ro. The deal ensures the continuation of operations at the major Romanian facility and safeguards the jobs of more than 500 employees currently working at the site. In its announcement, Kronospan confirmed that,...

German electronics manufacturer Limoss is planning to build a new production facility in Ineu, Arad County, according to reporting by Profit.ro. The project is structured as a greenfield investment and could ultimately create up to 500 jobs, providing a major economic boost to a town that recently lost its main employer, automotive parts producer Aptiv. Ineu’s...