Jumbo to open three new units in Romania this year

Newsroom 06/01/2015 | 13:35

Toy retailer Jumbo will open three new stores in Romania in 2015, in Arad, Ploiesti and Pitesti. The Greek company will reach a network of seven stores on the local market, where it has already posted EUR 9 million in sales in the last fiscal year.

The Arad unit should be opened in the first quarter of the year, with the Ploiesti store opening scheduled for autumn and the Pitesti one in December.

All the new locations will function in place of OBI’s former units. The company’s plans include a network of 12-18 stores in the next couple of years, according to Mediafax. Currently, the Jumbo network numbers 70 stores in Greece, Cyprus, Bulgaria and Romania and an online store.

The first Jumbo store in Romania, with a surface of 13,000 square meters, was opened in October 2013 in Timisoara, in place of the former Real hypermarket. The second store opened its doors on Nobember 9 in Bucharest, as part of the Arcade shopping center.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue