bauMax opens second store in Bucharest

Austrian DIY retailer bauMax has opened a new store in Bucharest. bauMax Chitila is the company’s second store in the capital after the one in Sun Plaza and the 14th on the local market. It has a surface of 15,000 sqm.

Out of all the foreign players active on thelocal DIY market, bauMax was the retailer with the most dynamic expansion last year. The Austrian chain opened four new units in Bucharest, Pitesti, Constanta and Timisoara, bringing its local network to 13 stores. The expansion had provided the company with a 25 percent turnover increase in 2010 compared to 2009.

For 2011, the company expects a 5 percent turnover increase in like-for-like stores and a 30 percent increase in the total national turnover, also based on opening new stores.

Simona Bazavan

Read more about

The Essential IT Services Every Business Needs (and How an MSP Can Help)

read more