Romania 'expects further retail investments'

A number of international retailers are expected to invest in the Romanian market, according to new reports.

There is still a large amount of retail space available in the country, which is likely to offer up 2 million m² until 2010, reports zf.ro.

Such moves are expected to offer up further choices for those living the country, the publication stated, news that may be of interest to potential property investors.

Managing director of the brand store Humanic said that the market in Romania is a modern one that is likely to offer a good deal of choice.

"The opening of new stores depends on the development of shopping malls and the quality of available locations," he told the publication.

Additionally, the clothing chain store Takko is due to enter the market this year, the paper stated.

In related news, tourism is expected to receive a boost in Romania, according to the paper, as the businessmen Emil and Marius Cristescu are to make further investments.

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