Mr. Bricolage store in Bucharest registers 15m-euro sales

Brico Expert, the company that operates the two Mr. Bricolage DIY stores on the local market, posted turnover worth 15.1 million euros (VAT exclusive), according to the financial report of French-based Mr. Bricolage. The turnover represents sales posted last year at Mr. Bricolage in the Vitan district in Bucharest, which until recently was the only store opened by the network on the local market. Romania's first Mr. Bricolage store, which covers almost 6,000 square metres, was opened in November 2006. Last year was, therefore, the first full year in business for the network in Romania. The sales target set by Mr. Bricolage for the Vitan store in its first year stood at 14 million euros. Last month, the DIY retailer opened its second store in Pitesti, which covers an 8,000 square-metre sales area, in the wake of investments worth around 7 million euros. Thi s year, another opening is planned, according to Mr. Bricolage's financial report. This store could be located in Bucharest, according to previous statements from Brico Expert representatives, who specified that the plots that will house the future stores have been owned by the company for several years.