A new outlet of French home improvement retailer Mr. Bricolage will be opened in Bulgaria, media reported.
Doverie-Brico AD, the franchisee that operates the Bulgarian stores of French retailer, said it would invest BGN 8 M in the construction of a new outlet in Blagoevgrad, South-western Bulgaria.
The hypermarket, the fifth Mr. Bricolage outlet in Bulgaria, will occupy a site of 2.2 ha and will have a built-up area of 6,500 sq. m. The hypermarket site will also include a food store that will be completed in December 2005.
At the moment, Mr. Bricolage operates four outlets in Bulgaria, two in the capital, one in Plovdiv and one in Varna.
Doverie Brico plans to open 5 more outlets here by 2007. The launch of a store in Rousse is scheduled for 2006.