The chain is owned by Turkish businessman Omer Susli, who previously owned the Romanian Praktiker stores and sold them in 2017 to Kingfisher. He plans to open 20 stores in the next five years and expects to invest EUR 15 mio in each 10 000 m² store.
At the same time, the company is working on a concept with retail areas of 500 to 2 000 m². This format is intended for stores in shopping centres and malls, with the first outlet expected to open in Bucharest. "We want the Homelux stores to become a showcase for Romanian manufacturers," says Susli.