Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Cushman & Wakefield Echinox: JIMMY KEY OPENS THE...

Cushman & Wakefield Echinox: JIMMY KEY OPENS THE SECOND STORE IN ROMANIA, IN AFI COTROCENI BUCHAREST

November 21, 2023

Jimmy Key company from Turkey, with over 30 years of experience in womenswear, will open in 8th of December the second store in Romania within the AFI Cotroceni in Bucharest, developed by AFI Europe. Jimmy Key has leased a space in the project through a transaction brokered by the real estate consultancy company Cushman & Wakefield Echinox.

Dana Radoveneanu, Head of Retail Agency, Cushman & Wakefield Echinox: "We are very glad to announce the opening of the second Jimmy Key location in Bucharest, after the entering Romania market just few months ago. This new investment shows the strong commitment of the company for Romania, company which plans to continue the expansion in the near future. We believe Romanian retail market remains a key location both for the existing brands and for those which are looking to increase their footprint in the region".

Romania is the fourth market where Jimmy Key is present, the company having most of its stores in Turkey. Jimmy Key has grown exponentially over the years and has established itself as a household name in Turkey, with 68 standalone stores.

Elvan Ünlütürk, Chairperson of the Board, Jimmy Key: “Over the next five years we are planning to open more than 10 stores in Romania, as per our global strategy. We are aiming to reach a larger audience in the region and worldwide also with Jimmy Key’s unique style that combines comfort, high quality and elegance. Jimmy Key currently has stores in Turkey, Cyprus, Azerbaijan, UAE, and Saudi Arabia.”

Jimmy Key is a popular Turkish women’s clothing brand founded in 1997. The mother company, Sun Tekstil has been creating collections of garments and fabrics for the world’s biggest retailers for more than 35 years. With all the strong and deep know how in the group, Jimmy Key is privileged to create trendy and sustainable collections. Supporting its collections with 3D designs and digital fabric libraries enables Jimmy Key to lead the sector in the long path for sustainability.

AFI Cotroceni is the largest and most dominant shopping center in Romania. The shopping center spreads over a leasable area close to 90,000 sqm GLA.

The project offers a variety of over 350 shops from the leading local and international brands, a modern food court, an indoor ice ring, entertainment & relaxing areas and services.

Cushman & Wakefield Echinox is a leading real estate company on the local market and the exclusive affiliate of Cushman & Wakefield in Romania, owned and operated independently, with a team of over 80 professionals and collaborators offering a full range of services to investors, developers, owners and tenants. For more information, visit www.cwechinox.com 

 

Cushman & Wakefield, one of the global leaders in commercial real estate services, with 52,000 employees in over 60 countries and $ 10.1 billion in revenue, provides asset and investment management consulting services, capital markets, leasing, properties administration, tenant representation. For more information, visit www.cushmanwakefield.com

The information provided by KomuniK

Read in full - click here
Romanian film review – Various delights: American Independent FF & Alfred Hitchcock

The countdown is on until the start of the largest local fest, Transilvania International Film Festival on 13 June. Or, as everyone calls it: TIFF. To pass the time and (or) have an alternative, do not miss some of the most entertaining stories of all time courtesy of suspense master Alfred Hitchcock. And check out […]

Survey shows about half of Romanians believe presidential elections were unfairly organized

Roughly 45.7% of Romanians believe the country’s May presidential elections were rather unfairly organized, while 50.4% believe they were fair, according to a survey by INSCOP Research.  Romania's previous presidential elections, which saw centrist Bucharest mayor Nicusor Dan emerge victorious, saw extreme polarization. Immediately after...

Romanian factory to begin production of three types of military drones

CARFIL Brasov, central Romania, is set to begin production of three types of Romanian military UAVs this year, news agency Agerpres reported. The drones, named Cuda, Sirin, and a marine drone, were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures, the first international expo-forum dedicated to the special operations forces. ...

Romania’s National Meteorological Administration aims to become European regional hub for training

The National Meteorological Administration of Romania, or ANM, aims to become a European regional hub for professional training in the field of climate change, according to director general Elena Mateescu. The official noted during “The Future of Agriculture” forum held on Thursday, June 5, that the ANM has already completed the European Agrometeorology Center, which […]

Several fake news campaigns currently targeting Romanians on social media, official sources say

Romania’s Interior Ministry (MAI) and Defense Ministry (MApN) have warned of ongoing disinformation campaigns on social media aimed at manipulating public opinion. The latest wave of false claims includes reports about the imposition of martial law and border closures, seeking to heighten public anxiety over the risk of war. Romanians, whether abroad or within the […]

IMF recommends Romania to increase VAT and excise duties, introduce two income tax rates in latest report

The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also excise duties, dividend taxes, and the introduction of two income tax rates of 15% and 25%. At the same time, it recommends the reduction or elimination of the health insurance contribution, as well as a change in […]