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Jumbo Opens Fifth Store in Sofia

      Published on Friday, 27 July , 2018      189 Views     
Jumbo Opens Fifth Store in Sofia

  • Bulgaria Business

The Greek chain for industrial sales goods and toys Jumbo plans to open its fifth store in Sofia.

It should be located in the Iliyntsi industrial zone, it became clear from the official announcement of investment intention, submitted to the Nadezhda district in February
this year.

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The document does not reveal the size of the investment. According to it, the company will build its new  object near Darman Street, aswhole area will be 29 thousands of square meters, and in addition will have an outdoor parking lot with 300 parking spaces, as well as a electric transformer station.

Jumbo’s plans include hiring 50 people there, 20 of them will be men, and the remaining 30 will be women.

At the end of last year, the Greek company announced they plan to open 20 new stores in the Balkans in the next 5 years. Of these, the largest number will be those in Romania – 17, two in Greece and one in Bulgaria. Probably the one in Bulgaria will be operational by the end of the next year.

At present, Jumbo has over 50 sites in Greece plus over 20 in Cyprus, Romania and Bulgaria.

In our country there are four in the capital as well as in Varna, Burgas, Plovdiv, Ruse and Stara Zagora. For the last year they have reported over € 64 million in revenue in Bulgaria. Their net sales in the country were more than EUR 680 million.

Category Bulgaria Business | 2018/07/27 latest update at 7:00 PM
Source : Novinite | Photocredit : Google
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