The German company bought the land of the former clothing plant Beta Impex and at the end of July it got the construction permit from the sector 1 city hall to build a new store.

The former clothing factory, which in 2009 had 75 employees left, was demolished and Beta Impex 93 company was erased at the beginning of this year. The two shareholders of the company – John Rowley and Catherine Patricia Scott from the UK- were left with around EUR3 million each after the liquidation of the firm, according to Trade Registry data.

“The questions about Bucurestii Noi target our development/expansion strategy, which we don’t want to make public,” say representatives of Kaufland, which now has four stores in Bucharest and plans to open another six stores by 2015.

(English version by Daniela Stoican)