The last of the units, Brico Depot Baneasa, in northern Bucharest, stayed open throughout the duration of remodeling works, which lasted 11 weeks. The retailer has three more units in Bucharest.
Kingfisher paid about EUR75 million for the 15 Bricostore units in Romania, which had sales of EUR131 million in2012. The group also said it is considering expanding the chain to 50 stores in Romania in the long run.
Kingfisher is the largest European DIY and home deco retailer and third largest in the world, with 1,134 stores in nine countries across Europe and Asia under the brands B&Q, Castorama, Brico Dépôt and Screwfix.
Kingfisher’s main competitors in Romania are Ambient, bauMax, Dedeman, Hornbach, Leroy Merlin, Mr. Bricolage, and Praktiker.