The mall was opened last week following a renovation process started in September 2015. The General Assembly of Shareholders summoned in January approved an investment budget of EUR12 million for 2016.
Shopping center Mercur in Craiova was closed as of September 1, 2015 and has since undergone an ample renovation process, which engulfed approximately EUR10 million.
At the end of works, the building has reached a useful surface area of 20,109 square meters and it will be hosting clothes shops, cinema halls, restaurants and coffee shops. For 2016, the company targets a gross profit of nearly RON800,000, slightly higher than last year’s level, and total revenue of RON12.4 million, up 63% against last year’s level.