Eurofarmacia to open more stores

Eurofarmacia, which is part of Lithuanian retail group VP Market, is to open 10 more drugstores in the short term, after having already opened 10 stores in 4 months of operation on the Romanian market. The Lithuanian company will focus only on Bucharest for the time being, though they are considering expansion outside the capital to other major cities. “Some 1.5 million euros were invested in the 10 drugstores thus far, making the average cost per store 150,000 euros,” said Andrei Ionescu, Eurofarmacia’s marketing manager. This first stage is intended as a test, with the development policy of the company depending on the performance of the stores. ZF