The new store has an area of 600 square meters and the investment was worth EUR200,000 euro, said the company.
Neoset is present in Romania since 1991 and its local investments exceed EUR15 million.
The company’s local store chain once included more than 20 units. Affected by the crisis, Neoset closed down most of its Romanian stores and currently operates only four units, in Bucharest, Timisoara, Constanta and Pitesti.
Neoset vice-president Miltiadis Chatzimanolakis said the company targets to open larger stores and bring its Romanian network to ten units in the next years.
Chatzimanolakis said Neoset’s sales in Romania reached EUR12-15 million in peak years, while its current turnover stands at about EUR2 million.
The Greek group also owns stores in Greece, Cyprus and Bulgaria.