Romania’s Colosseum delays shopping mall extension again due to Covid-19 peak

BUCHAREST (Romania), October 26 (SeeNews) – Colosseum Center, a shopping park located in Bucharest, has decided to reschedule the opening of an extension of its shopping center in the city for spring 2022, due to the unpredictability of the business environment amid the coronavirus pandemic, he said on Tuesday.

The opening previously scheduled for the end of this year has been postponed due to the current context of an accelerated increase in the incidence of the new rate of coronavirus infection in Bucharest and throughout the country, but also to the restrictive measures imposed by emergency law responses, the Colosseum said in a statement.

In July 2020, the company announced the rescheduling of the event for the end of 2021, for reasons related to the pandemic.

Colosseum Mall, an investment of 30 million euros ($ 34.8 million), is part of the strategy to develop the existing retail system.

“Although the advanced stage of construction would have allowed us to inaugurate the new spaces before the end of this year, the extremely high incidence of the rate of infection with the new coronavirus in the capital and throughout the country, has determined us to adopt a responsible attitude. and head into Spring 2022. This decision has been appreciated by all partners in our retail segments, ”said Mihai Dinu, General Manager of Colosseum Mall.

In July 2019, Colosseum Center announced that it had secured € 23 million in funding from Credit Europe Bank for the development of the shopping center.

The Romanian government decided last week to tighten restrictions on unvaccinated people from October 25 in order to curb the rise in the number of new cases of coronavirus infection. Holding a green pass certifying that a person has been vaccinated or has recovered from the coronavirus has become mandatory to enter shopping malls, restaurants, public establishments or to commute to work, the Friday evening said. government. In addition, a national curfew from 10 p.m. to 5 a.m. has been reintroduced and the wearing of masks is once again compulsory in all public places.

($ = 0.8608 euro)

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Peggy P. Gilmore