Starting July 2024, Flanco occupies a space of over 1,150 square meters in SkyTower, a decision which also shows the retailer’s shift of strategy towards its repositioning in the market as the first smart discount store chain in the Romanian electro-IT sector.
2023 was the year with the highest sales in the company’s history, nearing RON1.27 billion, up 20.5% from 2022. The advance was partly fueled by expansion too. The retailer has some 160 stores.
SkyTower, located near Bucharest’s Promenada mall, is the world’s first building to get the SHORE PLATINUM certification, the first office building in Romania to obtain the LEED Platinum certification for Operations and Maintenance, and it also received a Gold DGNB certification for sustainable buildings, assessed by ÖGNI (Austrian Society for Sustainable Real Estate).
Sky Tower’s tenants include, among others, Oracle, Raiffeisen Bank, APS Holding, AdsWizz, Tinmar, TSG, Estee Lauder, Nor Sky Casual Restaurant, Esilicon, Workspace Studio, IRIS, PRA, Gazprom, GMV, Panalpina, the Embassy of the Republic of Korea.