British Dawnay to invest in Satu Mare, Romania
Atrium Centers, controlled by Dawnay, Day PanTerra, has recently acquired 2.7 hectares of land in Satu Mare in order to build a shopping centre.
The investment will amount to approximately €61 million ($83 million), according to company representatives. This will be Atrium’s fourth mall in Romania, as the company has already started construction works for the malls in Cluj, Arad and Baia Mare. Atrium Center Satu Mare has a retail surface of some 30,000 square meters and includes over 135 stores, a hypermarket, 8-10 multiplexmovie theaters, restaurants and coffee houses.
British investment group Dawnay, Day plans to invest €900 million ($1.225 million) in Romania over the next few years. Dawnay, Day Group in countries such as Germany, Czech Republic, Hungary, Poland, Ukraine, the Baltic states and India. (bursa.ro)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.