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Cocor Luxury Store in Bucharest to become mass market
News 22 January 2010
In its final stages of completion, the project which was supposed to open as COCOR LUXURY STORE is set to become a mass market shopping center. COCOR is a former communist department store which has undergone extensive renovations including a spectacular media facade during the past two year. The current economic crisis have made it impossible for COCOR to attract luxury brands, neither individually, nor a luxury department store operator. Cocor is owned by Cocor S.A. a Bucharest Stock Exchange listed company which is partly owned by NCH Advisors.