Bulgaria’s Fantastico Group has marked its 30-year anniversary with the opening of a splendid new flagship store in Pernik. ESM caught up with executive director Svetoslav Gavrilov. This article first appeared in ESM's November/December 2021 edition.
Fantastico by name, fantastic by nature – that’s the approach being taken by Bulgaria’s Fantastico Group, which marks its 30th anniversary this year. It recently reported its most successful year to date, with sales of €320.3 million in 2020 – a 5% year-on-year increase.
The group recently opened a flagship, 10,750-square-metre retail and entertainment complex in Pernik, near the Bulgarian capital, Sofia, which cost close to €13 million to develop and takes its supermarket portfolio to 44 outlets, in Sofia, Bankya, Elin Pelin, Pernik and Kyustendil. Its business portfolio also includes SkyCityMall, the MyChoice restaurant business, MegaXtreme Bowling, Joy Station Club, and fitness centre brand Fast & Fit.