Leroy Merlin to open second store in Bucharest, following EUR 13-16 mln investment

DIY retailer Leron Merlin will invest EUR 13 – 16 million in a new store in Bucharest that will be opened in spring 2015. The new unit will generate 150 jobs and it will be located on Soseaua Alexandriei.

Cristian Petrescu, development manager, said for wall-street.ro that the new store will cover 13,000 square meters and is part of the retailer’s five-year investment plan started in 2011 when they entered the market.

Meanwhile, the second Leroy Marlion location in the country will be ready for inauguration in the fall in Craiova, however the retailer has experienced difficulties in getting this project off the ground.

“We’ve had some trouble so far with the Craiova unit. If as of this moment work on the store would be done in fast-forward, then we could see it open in September. It’s not up to us”, Cristian Petrescu said.

Leroy Marlin is one of the retailers in the race to acquire the Baumax stores after the German retailer exits the market, along with Praktiker and Kingfisher.

Read more about

Colliers: Number of residential properties sold in Bucharest in first quarter of 2024, 18% higher

read more