Sunday, September 20, 2020
Home News Retail News Romanian IT&C retailer opens 11 new units this year

Romanian IT&C retailer opens 11 new units this year

Romanian IT&C retailer Flanco has opened two new stores in the capital, following a €340,000 investment, and ends 2014 with 11 new units and a total network of 89 stores, the company recently announced.

The Valea Oltului Flanco store is located in the shopping centre Kaufland Brancusi and stretches over 700 sqm, while the newly opened store in Drumul Taberei has 800 sqm and is located in the Auchan retail centre.

The company invested €1.4 million to expand and modernize its network in 2014.

Most Popular

M7 acquires Katowice office building for new CEE fund

M7 Real Estate has undertaken its first acquisition on behalf of M7 CEREF II, its value-add opportunities fund focused on offices and...

Metropol Group acquires five shopping centres in Poland

Greenberg Traurig advised Metropol Group on the acquisition of a shopping centre portfolio, consisting of five regional convenience stores is located in...

Weerts Group to start new warehouse development near Budapest

The logistics sector of Hungary is booming with foreign investors continuing to be optimistic about the market outlook. The latest evidence of...

Panattoni sells two city logistics parks in Warsaw to LaSalle

Panattoni and Marvipol have sold two city logistics parks in Warsaw to LaSalle Investment Management. The facilities, totalling nearly 25,000 sqm, were...