A new Jumbo toy store will open on August 30 in the Montenegrin capital of Podgorica. The location is the EXTRA retail park on July 4th street. Jumbo Montenegro is a part of the Balfin group, a major investment groups in Albania and across the Balkan region. The company expects to employ more than 50 people in the country. The Jumbo network of stores currently extends to more than 100 stores, having been founded in 1986.