The revenue rose 7% to RON96.1 million, which means the profit margin reached 25%.
Iulius Mall Timisoara has a 71,000 square meter gross lettable area and accommodates about 330 stores.
The shopping center is part of a bigger project Iulius Group is developing in the city, Openville, which will include an expansion of the mall, as well as office buildings. The Openville investment stands at EUR220 million.
(English version by Loredana Fratila-Cristescu)