The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Wholesale / Retail 47 - Retail trade 47.5 - Retail sale of other household equipment 47.54 - Retail sale of electrical household appliances
300 jobs Number of planned job creations
Announcement Date
22 May 2025
Employment effect (start)
22 May 2025
Foreseen end date
31 December 2025
Description
Flanco, a Romanian electronics retailer, announced its intention to open 10 new stores by the end of 2025. The company will invest 20 million lei (approximately €4 million) and will hire 300 new employees.
For 2025, Flanco has planned to re-brand 12-15 stores, and its Flanco Smart Discounter network will reach 22 stores, located in 17 cities across the country.
Flanco was established in 1994 and is the first electro-IT Smart Discounter in Romania. The company has 1,451 employees, a network of 160 stores located in the most important commercial areas in 113 cities in Romania, as well as an online store.
Eurofound (2025), Flanco, Business expansion in Romania, factsheet number 202865, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202865.