The amount covers both the acquisition of an additional plot of land of 5,500 square meters, and the construction of the Drive-In area. With these changes, the total investment in the store in Sibiu amounts to EUR14.8 million.
The store currently covers nearly 15,500 sqm, compared with nearly 12,000 at its inauguration, back in October 2015.
“The expansion of the Hornbach store in Sibiu will have a positive impact on the company’s business operations too. Thus, we expect a nearly 15% increase in sales for the categories of wood, boards and prefabricated items and nearly 50% higher sales for the category of floor & wall tiles”, said Mugurel-Horia Rusu, CEO Hornbach Romania.
Hornbach has six stores in Romania, namely, Bucuresti Berceni, Bucuresti Militari, Bucuresti Balotesti, Brasov, Timisoara and Sibiu.