Constanta, the city with the most tourists, braces for five malls

Autor: Cristi Moga 17.12.2010

Constanta could become Romania's second busiest city on the shopping segment after Suceava, with two new malls in the process of being built - Maritimo and Cora -, which will bring investments in the city's shopping centres and hypermarkets to nearly 500 million euros.
Constanta is one of the largest cities in Romania, with a population of 305,000, wages above the national average (1,304 RON net per month in the Constanta county in September), and an unemployment rate of just 5.22%.
However, one of the strategic advantages over other cities as far as attracting investments is concerned, has to do with the around 500,000 tourists that visit it every year, spending about four nights in the city, as well as money.
In Constanta there are currently four operational malls, City Park near Tabacariei park and TOM shopping gallery, located on Tomis Boulevard. Apart from these projects, the city also has two Real hypermarkets, one Kaufland hypermarket, as well as Metro & Selgros-operated stores.