The company, which imports Fiat, Alfa Romeo, Ssangyong, Lancia and Maserati, has invested EUR 10 million in the center.
Other car importers have announced similar plans, both for Bucharest and outside the capital.
The first of three Tiriac Auto malls could be ready in 2008, following a EUR 20 million investment, Anca Ioan, CEO of Tiriac Holdings, recently said. The company is currently in the zonal urban planning (PUZ) phase and if all the necessary authorizations come in time, construction works could start this spring.
The mall will be located close to Bucharest on the highway connecting the capital to Pitesti. It will offer 100 car models from 11 automotive brands. Tiriac Holdings has purchased a 3.7-hectare plot in the western part of the city for the project. The mall in Bucharest is not the only plan in store for Tiriac Holdings. Another one in Bucharest should follow, with a third in Timisoara.
Ford dealer Colina Motors is planning to open a new auto complex in Popesti-Leordeni, and the company's investment could also fall into the auto mall category. The center, which should absorb EUR 5 million in funding, will feature exhibition areas, a center to prepare race cars, a service unit and a spare parts unit. Overall, the center should cover some 5,000 sqm which will be situated on a two-hectare plot.
Automobile Bavaria also opened a new center last year, bringing together all the brands in its portfolio. The company, which imports BMW, Mini, Rolls Royce and MAN cars, invested EUR 10 million in a 10,000-sqm showroom in the Baneasa area. The center hosts the company's offices, showrooms for all the brands, a service area, the central storehouse and an accessories shop. Augusta Motors, which imports SAAB cars, also opened a showroom last year.