SEB Romania signs EUR 100,000 partnership with Domo for space in City Mall

Newsroom 25/05/2009 | 16:00

SEB Romania estimates its turnover will fall by 15 to 20 percent in 2009, to EUR 14 million, according to company officials. Last year, it made a turnover of EUR 17 million.
SEB operates several facilities worldwide in countries such as France, Germany and China.
City Mall is owned by the Austrian fund APN/UKA European Retail Trust, which acquired the commercial center in 2006 from British company Victoria Holding, following a EUR 103.5 million transaction.
The commercial center's first sale price was EUR 46 million, the amount paid by Victoria Holding for City Mall when it acquired the project from developer Jaguar Development, controlled by Greek and Israeli businessmen.
Last year, the owner announced a 4.1 percent drop in market value for the development, to EUR 112 million, due to costs surpassing the initial estimations.
Magda Purice

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    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