www.economica.net/ce-spun-proprietarii-flanco-desp

Iulian Stanciu, major shareholder of Flanco, announced the sale of the retail chain to Kotsovolos, emphasizing the need for capital to advance the business. Flanco has transformed into Romania's second-largest IT&C and home appliance retailer since Stanciu's acquisition in 2010. The deal, valued at 35 million euros, aligns with PPC Group's strategic plan for 2026-2030, aiming to create an integrated ecosystem of technology and energy solutions in Romania. Flanco will maintain its operations and brand identity while benefiting from PPC's resources and expertise. This acquisition marks Kotsovolos's expansion into the Romanian market, enhancing its regional presence and service offerings.