www.gandul.ro/actualitate/grecii-de-la-ppc-cumpara

Greek PPC Group has signed an agreement to fully acquire Flanco for €35 million, marking its entry into Romania's retail market. The acquisition will be executed through Kotsovolos, a PPC subsidiary, taking over 100% of Flanco's shares from Iulian Stanciu and Dragoș Sîrbu. This move aligns with PPC's strategic plan for 2026-2030, aiming to integrate technology and energy solutions in retail. Flanco, the second-largest electronics retailer in Romania, operates 150 stores and has a significant customer base. CEO Christos Karagiannakis emphasized the importance of this acquisition for regional expansion and enhancing customer experiences in Southeast Europe.