Crevedia Retail Park, one of the largest strip malls in Romania – with a total leasable area of ​​11,400 sq m – has opened its doors, and developer REPACO Capital expects tens of thousands of visitors per month throughout 2025. The estimate considers the potential of a clientele of at least 70,000 inhabitants for retailers who have rented spaces in Crevedia Retail Park, in an area located near the northwest Bucharest, spread over Ilfov (IF) and Dâmbovița (DB) counties, which has seen consistent population growth in recent years. Thus, the population of Crevedia (Dambovita County) increased by 13%, and that of Mogoșoaia (Ilfov County) increased by 28%, in the 2021 census, compared to the 2011 census. In addition, Ilfov is the county with the lowest average age in the country (38.6 years, compared to 42.5 years – national average), with thousands of people moving to the neighboring localities of Bucharest, including many families with children. Crevedia Retail Park tenants include an 1,800 sq m supermarket (Annabella) and other stores specializing in the trade of: footwear (CCC and Deichmann); cosmetics, healthcare and pharmacy (DM, Dr Max); clothing (New Yorker, Sinsay); toys (Noriel); furniture (JYSK); various products, from clothing to household items and decorations (KiK, Pepco, TEDi). Added to these is a drive-in restaurant, opened by the Finnish fast-food chain Hesburger (with a turnover of 458 million euros in 2023) and a Stay Fit Gym fitness center (with a network of gyms in over 20 counties). Started on March 1, 2024, the construction and layout of Crevedia Retail Park was completed in about nine months from the start of construction, respectively 11 months from receiving the construction permit, and currently provides over 250 jobs. REPACO Capital has other real estate development projects underway for retail parks: two under construction, in Curtea de Argeș (6,100 sq m) and Breaza (3,100 sq m), and two others in the authorization process, in Timișoara (4,500 sq m) and Brașov (5,500 sq m). Reporting by Marek Strzelecki and Luiza Ilie; editing by Christina Fincher Our Standards: The Thomson Reuters Trust Principles., opens new tab , opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. , opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. © 2025 Reuters. All rights reserved On Saturday evening, the 26th of August, at least two people were killed and 56 injured after two explosions at an LPG station in Romania near the capital Bucharest, reports BBC people within a 700-metre radius were evacuated and Raed Arafat the deputy interior minister in charge of the emergency response unit warned that there was a risk of another explosion a second explosion rocked the station and shook the suburb of Crevedia https://twitter.com/srdmk01/status/1695628938570281423?s=20 Fires were contained by Sunday morning the 27th of August The cause of the explosions remains unknown The station had no authorization to operate Romanian President Klaus Iohannis labeled the explosions a “tragedy” and expressed deep sorrow over the incident immediate investigation into potential rule violations urging preventive measures against such tragedies including 39 firefighters responding after the initial explosion Read also: Moscow confirms Prigozhin’s death