The Bucur Obor company, which manages the shopping center with the same name in Bucharest, signed five contracts for the start of the modernization and energy efficiency works of the commercial complex in the cumulative value of EUR 2.33 million plus VAT.
Bucur Obor recorded a net result of RON 16.5 million in the period January-September 2023, 11.6 percent above the level of the same period last year, at a business of RON 27 million, a level similar to 2022.
Bucur Obor has a capitalization of RON 167.2 million and is 54.4 percent controlled by BO Retail Invest, while Manea Gelu owns 16.1 percent of the share capital.