Pavăl brothers acquire land in Giurgiu county for EUR 2.95 million

Entrepreneurs Dragoș and Adrian Pavăl, the owners of the Dedeman chain, have made a significant land acquisition in Giurgiu County. The brothers purchased a plot of land measuring approximately 59,000 square meters from former diplomat Ion Maticiuc and millionaire Pâris Mouratoglou. Located at 30 Unirii Street in Giurgiu municipality, the land was sold for EUR 2.95 million.

The seller, Metropolis & Partenaires, had been promoting a shopping center project for this plot since last year. With the Pavăl brothers now owning the land, the acquisition is seen as a potential move towards establishing Dedeman’s presence in Giurgiu County, where the retailer currently has no stores.

Dedeman, Romania’s leading DIY retailer, operates 62 stores across the country, with the exception of Teleorman and Giurgiu counties. This recent purchase could signal the company’s next expansion into the Giurgiu market.

In 2023, Dedeman inaugurated only two new stores—one in Craiova, near Promenada Mall, and another in Petroșani. The DIY chain also operates five logistics centers, its own fleet of vehicles, and employs over 13,000 people nationwide.