Dutch retailer Spar arrives in Constanta

Dutch retailer Spar, the latest international group to have announced its entrance on the domestic market this year, will open a store next summer, in the City Park Mall commercial project in Constanta, which is being developed by Neocity. Spar is set to open its first seven stores in Romania over the following months in the central and western parts of the country, in cities such as Targu-Mures, Resita, Ramnicu-Valcea, Deva, Arad, Medias and Odorhei. Spar operations are run by the former head of Profi network, Frenchman Rino Tizzanini. Tizzanini had run the Profi discount network for several years. Towards the end of 2004, the managing board of Profi Rom Food notified the Frenchman that their collaboration had come to an end, but he sued the company and regained his rights, according to the latest sources. Tizzanini could not be contacted for further information. Spar is going to operate domestically, on both supermarket and hypermarket segments. City Park Mall is an investment of over 50 million euros by Neocity and is due to be finalised next summer.