At least 29 DIY and furniture centers will open this year in Romania according to the Do-it-yourself and Furniture Centers Report conducted by IBC Focus.
Source: Iresearch
These projects will add to the actual stock approximately 220.000 sqm this year. According to the same Report, the total DIY and furniture stock in Romania could exceed 1 million sqm in 2010 if all projects verified by the IBC Focus consultants will be finalized next year.
Source: Iresearch
What might be the explanation for the projects boom in this market in a period of crisis?
First of all, for most of the projects under construction presented in the Report construction works started in 2008 and are financed with loans obtained last year. Second of all, these centers sell products that will help Romanians save money in this period. That's why most of the retailers' plans are to be present in most of the big and average cities in Romania.
For more information regarding this market and 50 DIY and Furniture projects please visit www.iresearch.ro
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