Jumbo to open more property in Bulgaria

International toy chain Jumbo has revealed it is to open more commercial property in Bulgaria, in addition to its current store.

The company, which owns toy hypermarkets in a number of European countries, including Cyprus and Greece, has said it expects to open a new property in Bulgaria by the end of next year, with another planned for 2011.

Jumbo opened its first store in the capital city Sofia in late 2007, to the delight of families living in property in Bulgaria.

Last year the company achieved profits of €68 million (£60 million) after sales of €357 million, which the firm claims has led to expansion plans.

Funds will now be partially used to construct the two new stores, which will provide children living in property in Bulgaria with a greater choice of playthings.

In other news, the town of Ruse recently announced it will be the home of a new regional euro coffee shop, the Bulgaria Gazette reported.