Business expansion
Vest; Timis;
Location of affected unit(s)
TimiÅŸoara (TimiÅŸ county, Vest region)
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

2,000 jobs
Number of planned job creations
Job creation
Announcement Date
25 October 2005
Employment effect (start)
22 October 2005
Foreseen end date


A shopping mall, designed and financed by Iulius Group was opened on 22 October 2005 in TimiÅŸoara (TimiÅŸ county, Vest region). Iulius Group president, Adrian Dascalu, said the supermarket, covering 73,000 square metres, is bigger than similar shopping centres in Bucharest and other cities in Romania.

The demand of sale space exceeds the offer by 60%, with the hiring price ranging between 17 and €28 per square metre.

Iulius Mall TimiÅŸoara offered 2,000 jobs in its 200 stores.

The mall has three storeys and a terrace, hosting a banking centre, a hotel, a conference centre, a clinic, an exhibition centre, a supermarket, restaurants offering Romanian, Italian and Japanese cuisine, five cinema halls, a swimming pool, a skating rink, and a parking lot for more than 1,000 cars, free of charge.


  • 26 December 2005: Economistul
  • 25 October 2005: Economistul


Eurofound (2005), Iulius Mall, Business expansion in Romania, factsheet number 62680, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62680.