The investments in infrastructure include the widening of the road, the upgrade and widening of the sidewalk, the moving of the tramway station, investments in the sewage system and the moving of utility poles.
The works will be completed in the fourth quarter of the year.
Veranda Shopping Center, which is 60% finalized, will require total investments worth EUR60 million and will be opened in the fourth quarter of 2016.
The new mall will cover nearly 30,000 square meters and will include, among others, a Carrefour hypermarket of nearly 10,000 square meters, an H&M store and another 100 stores, such as CCC, Deichmann, Pimkie, Triumf, Pepco, Yves Rocher, Optiblu, Sensiblu, Maxbet, Pizza Coloseum, Salad Box, Orange, Arsis-Vodafone and IQ BOX – Telekom.
Prodplast Imobiliare company is owned by businessman Florin Pogonaru.