The plant located in the Ghencea-Drumul Taberei area in the west of the city will be replaced by a new Kaufland store.
Munplast shareholders completed the sale of a 17,000 square meter plot on the 1 Mai Boulevard two months ago, after securing all the necessary permits for the construction of a Kaufland hypermarket on the site.
Munplast relocated production to a different site a few years ago. “We only kept a building we rent as office space and a 6,000 square meter plot,” said Marcel Diaconu, one of Munplast’s owners.
“The new Kaufland to be built in Drumul Taberei, Bucharest, will take up about 3,300 square meters and should open in the second half of 2014,” Kaufland officials told ZF. The company is the leader of grocery retail in Romania, having posted more than EUR1.4 billion sales in 2012.
Upon completion, the new Kaufland store will be almost next-door neighbor to an Auchan hypermarket, also under construction on the site of a former plant, Tricodava. The two will sandwich an already existing Romstal store selling heating boilers, plumbing fixtures and wall and floor tiling, which should benefit from the increase in traffic in the area.
The new Kaufland and Auchan stores will compete with a rival across the street, a Billa supermarket, which has been operating in the area for a number of years.
Kaufland has 89 stores in Romania at the moment, six of which in Bucharest, where the company plans to open four more by the end of next year.
(English version by Loredana Fratila-Cristescu)