October 4, 2012

Skopje City Mall to bring international retailers to Macedonia

International retailers such as Zara and Carrefour will open their outlets to Macedonian consumers in a newly unveiled shopping and entertainment mall in Skopje.

By admin-demo

International retailers such as Zara & Carrefour will open their outlets to Macedonian consumers in a newly unveiled shopping and entertainment mall in Skopje.

Free Report
img

Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

Skopje City Mall will be the home to several international brands amongst the 130 retailers to be housed in the €70m mall that was financed by the European Bank for Reconstruction and Development (EBRD).

Commenting on the new retail destination in the country, Macedonian Prime Minister Nikola Gruevski thanked the European financial body for identifying the benefits of the mall and investing in it to make it a reality.

"Our country is really growing into one of Europe’s centres for investment and development and many companies are interested in investing their capital in the Macedonian economy," added Gruevski.

EBRD provided a €18.9m loan to mall developer Balfin MK, a joint ownership of Albanian commercial real estate developer Balfin and Macedonian fashion retailer Fashion Group.

EBRD Director for Property and Tourism Claudia Pendred remarked that the investment was a first for the bank in the Macedonian retail sector.

"We are pleased to have supported this important project for Skopje at a time when commercial debt financing remains limited and to have encouraged higher energy efficiency standards in the Macedonian retail sector," said Pendred.

The mall, with a total retail space of 86,000m2 across three levels is located three kilometres west of Skopje city centre and will also house a movie theatre Cineplexx besides German and American retailers.

Skopje City Mall shopping mall manager concluded, "This state-of-the-art €70 million shopping mall is a new landmark which paves the way for future internal and overseas investment and promotes confidence in the future of the Macedonian economy."

Free Report
img

Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.