Mitiska Reim, a developer which invests exclusively in the sector of retail park-type properties in Europe, on Monday started works on the latest shopping center in Romania, called B1 Retail Park, which is located in Bistrita.

Mitiska Reim said the shopping center “B1 Retail Park” will cover 13,000 square meters and create 250 new jobs. It also said it already signed space lease contracts with several foreign and local tenants which have no stores in Bistrita, but certain spaces will be leased only to local firms.

Lease contracts have already been signed with KFC, H&M, NewYorker, CCC, Hervis, Takko, Noriel, Pepoco, Flanco and Deichman.

Developers plan to open the retail park in Bistrita, an investment estimated at EUR2 million, in November 2017, before the winter holidays.