March 2 (SeeNews) - Romanian do-it-yourself retailer Dedeman said on Monday it plans to open a new store in the country on March 6, following an investment of 11 million euro ($12.2 million).
The store, located in the southern city of Slobozia, spreads on a total area of 39,000 sq m and employs 147 people, the company said in a statement.
It will be Dedeman's 51st in Romania.
Dedeman, founded in 1992 by two Romanian entrepreneurs, has 10,600 employees. Its founders, Dragos Paval and Adrian Paval, are the wealthiest men in Romania, with an estimated fortune of about 2 billion euro, according to the Top 300 Wealthiest Men in Romania 2019 ranking compiled by Romanian magazine Capital.
($= 0.902 euro)
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