Four big chains will form a large shopping centre with underground parking and over 4000 square meters of unfolded area. The complex will be in “Prolet” neighbourhood in Gorna Oryahovitsa.
Gorna Oryahovitsa managed to attract what could be the largest investment for the city this year. The large-scale shopping centre with underground parking, adjacent infrastructure and an expanded area of more than 4000 square meters will be built in the “Prolet” neighbourhood in Gorna Oryahovitsa. In order to realize the project, the Municipality is ready to provide its own plot of 2000 square meters. The investment is made by a local company, which is best known in the field of production and distribution of metal products. The owner already has similar shopping centres in fairly large Bulgarian cities, and last year he also bought a large plot adjacent to the above mentioned municipal one. His partner for the region is the prominent entrepreneur Marin Ginchev.
The shopping centre in Gorna Oryahovitsa will be home to four big chains – DM, Jysk, T-market and Pepco. DM is one of the largest drugstore chains in Central and Eastern Europe. Today, the DM concern is represented in 13 countries and has over 3500 branches. JYSK is an international chain of retailers that sell everything for the home – furniture, decorations, home goods and more. Today, the JYSK Group consists of more than 2,800 stores in 52 countries around the world. T market is a supermarket chain in 40 towns and cities all over Bulgaria. It offers a variety of fresh food, as well as a large range of household goods. Pepco is a polish discount chain for clothing and household goods with over 1300 stores in Europe.
The City Council unanimously supported the investment proposal and instructed the mayor to organize an auction for the sale of the municipal parcel, which was once reserved for residents’ garages. After the approval of the project, the complex can be completed for a period of half a year and can be operational by the end of 2020. Currently, design is underway for another large shopping centre in the heart of the city – the former GUM.