Romania, Bulgaria and Croatia are the three European Union markets where BALFIN Group and Flying Tiger Copenhagen will expand their strategic cooperation. With this expansion, the Danish brand is entering a new stage of its development in Central and Southeastern Europe.
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The new agreement provides for the opening of 87 stores in these three countries over the next five years. Operations in Romania and Bulgaria are scheduled to begin in 2027, while entry into Croatia is planned for early 2028.
The decision to expand the partnership is based on Flying Tiger Copenhagen’s successful performance in Albania, Kosovo, North Macedonia and Serbia. In these markets, the network established through the cooperation between the two companies is expected to reach 20 stores by the end of 2026. Meanwhile, entry into Bosnia and Herzegovina and Montenegro is planned for early 2027. The experience gained and strong results in the countries where they already operate have encouraged the expansion of the cooperation into three other European markets.
For both companies, this agreement marks an important stage in the implementation of their growth strategies. BALFIN Group is thereby consolidating its position as an international investment group operating in 13 countries, while continuing its strategy of building long-term partnerships with leading international brands.
For Flying Tiger Copenhagen, the strengthened cooperation with BALFIN Group supports its global expansion and provides a stable foundation for developing the brand in three important European Union markets.
Samir Mane, President of BALFIN Group, said that the achievements with Flying Tiger Copenhagen demonstrate the strength of the partnership and the room for further growth. According to him, the presence in Romania, Bulgaria and Croatia takes the cooperation to another level, bringing the brand to three important European Union markets. Mane also emphasized that the agreement reflects BALFIN Group’s commitment to long-term partnerships and to developing successful international brands, with an increasingly broader presence in Europe.
Julius Schmidt, Managing Director for the IMEA region at Flying Tiger Copenhagen, described the entry into Romania, Bulgaria and Croatia as a natural continuation of the cooperation with BALFIN Group, following strong results in the markets where the two companies are already present. He highlighted the importance of these countries to the growth strategy in Europe and the significant potential they offer for the Flying Tiger Copenhagen concept. Schmidt expressed his satisfaction with the continuation of the partnership based on their shared achievements, with the aim of bringing the brand’s distinctive shopping experience to more customers across the region.
Expansion into these countries will further consolidate Flying Tiger Copenhagen’s regional presence. At the same time, it will give both companies a broader base from which to develop new growth opportunities in European markets.
Profile of BALFIN Group
Founded by Samir Mane in Vienna in 1993, BALFIN Group today operates in Austria, Albania, Kosovo, Bosnia and Herzegovina, Croatia, North Macedonia, Switzerland, Montenegro, the Netherlands, Moldova, Serbia, Canada and the United States of America.
With around 5,000 employees, the Group has investments across a range of sectors, including financial services, real estate, retail, asset management, hospitality, logistics, education, energy and entertainment. Since 2023, its social initiatives have been brought together under the Mane Foundation, with the aim of making its contribution to empowering communities more effective.
You can follow BALFIN Group through its official website, as well as on Facebook, LinkedIn and Instagram.
Profile of Flying Tiger Copenhagen
Founded in 1995 in Copenhagen, Flying Tiger Copenhagen is a Danish retail brand with more than 1,100 stores in over 45 markets worldwide. Its identity combines Danish design with creativity and affordable prices. Its assortment is constantly renewed with products created to bring more fun, creativity and joy to everyday life.
Flying Tiger Copenhagen’s products include toys, stationery, home accessories, kitchenware and party supplies. Carefully designed, they aim to bring surprise and inspiration to ordinary moments of the day.
The brand continues to expand, bringing its distinctive shopping experience to an ever-growing number of customers around the world. This progress is supported by a strong presence in Europe, Asia and the Middle East, as well as by its growing network across the Americas.
Further information is available at www.flyingtiger.com; you can also follow the brand on LinkedIn.
