Vulcan Value Center will have a total area of 25,750 square and will include a Carrefour hypermarket and clothing and footwear retailers such as H&M, C&A, Domo, Takko and Deichmann, the company said in a statement.
According to NEPI, Value Center concept is addressed to people willing to buy all the products they need in one place.
The shopping center will include over 50 stores, such as H&M (clothing), C&A (clothing), Hervis (sports articles), Noriel Bebe (children products), Animax (pet shop), LEMS (home&deco), JYSK (home&deco), DOMO (home appliances and electronics), Takko (clothing), Deichmann (footwear) and DM (drugstore).
Carrefour hypermarket will also include a shopping gallery of 2,500 square meters with stores such as: Orange, Germanos, Vodafone, Sensiblu, Kitchen Shop, B&B Collection, Marionnaud, Flormar, Penti, as well as Metropolis Casino, Mesopotamia restaurant, GSM service, beauty salon and others.
The works at Vulcan Value Center started in February 2014.
According to previous information, NEPI invested EUR47 million in the project and expects annual revenue from rented spaces worth EUR4.1 million.
NEPI currently manages in Romania Promenada Mall Braila, Ploiesti Shopping City, Retail Park Auchan Pitesti, Deva Shopping Centre, Severin Shopping Center, as well as office buildings Floreasca Business Park, The Lakeview in Bucharest and City Business Centre Timisoara.
On October 16, NEPI will also open Shopping City Targu Jiu, the first shopping mall in Gorj county.
NEPI’s most important investment is Bucharest-based shopping center project Mega Mall, estimated at EUR165million, due for completion in the second quarter of 2015.