Jumbo to expand across Montenegro

Jumbo to expand across Montenegro

Published at: 2019-09-02 14:04 | Author: CIJ Serbia
The retail chain Jumbo is in the process of opening three new stores in three cities across Montenegro. Last Friday, it opened a new one located in Podgorica, locate within the newly completed Extra Retail center. "We are definitely targeting bigger cities, and in the coming period we plan to open three more such facilities, but it is still early to talk about the details," claims CEO Toljan Papajorgji. Jumbo is run by the BALFIN Group, which invests in Montenegro, Bosnia and Herzegovina, Albania and Serbia and the network. The company claims it will soon expand to Moldova, says. “We are working hard to make JUMBO truly a place for the whole family and we will continue to invest in expanding our brand in the region. Next year, the BALFIN Group will enter the Moldovan market and thus expand the JUMBO network to a total of five countries.” he said.

Similar Stories:

Ikea opens first kitchen in Poland
Ikea has opened the first kitchen in Poland dedicated exclusively to take-out orders. It i  »
Burger King opening at AFI Cotroceni in Bucharest
Burger King is opening a restaurant at the AFI Cotroceni shopping center in Bucharest on F  »
Dekoria leases 856 sqm at Domoteka retail complex in Warsaw
Dekoria has leased 856 sqm of retail space at the Domoteka retail complex in Warsaw. The  »
Furniture retailers expanding networks in Serbia
Furniture retailers Forma Ideale and Lesnina S are expanding their Serbia networks. Forma  »
When it comes to the development of smartphone apps for the retail sector, most of the act   »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »