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2012-06-05 00:00:00
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German DIY retailer Hornbach has begun works on it fifth local store which should be opened this summer in Timisoara. The store will have a sales surface of about 22,000 sqm.
Hornbach entered the local market in 2007 and has since opened only 4 local stores which are located in Bucharest (3 outlets) and Brasov. The retailer’s last local opening was in December 2010.
Hornbach reported a turnover of about EUR 71 million in 2010 according to data from the Ministry of Finance.
Other international players on the local DIY market are Praktiker, Bricostore, BauMax, Obi and Leroy Merlin. Local retailers include Dedeman, Arabesque and Ambient.
Source: business-review.ro
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