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Romanian Financial Guard Makes Surprise Check-Up In China Town Near Bucharest

Romanian tax authorities on Thursday started a surprise check-up of economic operators in the China Town shopping center, opened tow days ago in Afumati, near capital Bucharest, following media reports that shops in the center have no registers and don’t give out receipts.
Romanian Financial Guard Makes Surprise Check-Up In China Town Near Bucharest
Oana Gavrila
21 iul. 2011, 12:21, English

„We’re checking all the contracts concluded within the center,” Bucharest Financial Guard deputy chief Constantin Teodor told MEDIAFAX.

He said only 30% of the stores are currently occupied by economic operators.

China Town Romania, owned by Chinese investors, opened a shopping center Tuesday in Afumati, near capital Bucharest, following a EUR27 million investment. The grand opening was attended by Romanian Prime Minister Emil Boc, who invited Chinese business people to continue investing in Romania.

The center has 1,240 stores, 200 permanent warehouses and 200 temporary warehouses.

China Town executive manager Alexandru Ioan, who is also the head of the China-Romania Bilateral Chamber of Commerce, said 95% of the stores have been sold and the rest are up for lease.

The center opened Tuesday is the first stage in an investment project of over EUR100 million, spanning over 40 hectares of land, that will include 3,275 commercial spaces and 1,380 logistic warehouses.