$14 Million for New EPA Store

Ferretería EPA, a company financed with Venezuelan capital, hopes to inaugurate its third establishment in Costa Rica by November 2009.

Tuesday, June 23, 2009

The Ferretería EPA chain is investing $14 million in the construction of a 30,000 square meter location in Belen, in the province of Heredia. Depending on the results of the new store, the company plans to open two more locations in the metropolitan area in the medium- and long-term.

Ignacio Vieto, general manager of Ferreterias EPA, commented to Nacion.com that “the store is being built on a 45,000 square meter lot that was acquired by the chain two years ago and it is located next to the General Cañas highway.”

200 people will work at the new location.

More on this topic

Epa Hardware Ventures in El Salvador

January 2011

With an estimated investment of $ 12 million this year, the Venezuelan chain opens its first store in El Salvador.

Located in the municipality of Soyapango (seven miles east of San Salvador), the hardware store will open next May, employing 190 people.

Ignacio Vieto, general manager of the chain in Costa Rica, also referred to the forthcoming opening of the fourth store of the chain in Costa Rica, located in Colima de Tibas.

Café Britt Opens New Stores in Costa Rica

July 2009

The company is currently installing two new stores in the resort Hotel Paradisus Playa Conchal in Guanacaste.

The economic crisis has indeed caused a decline in the arrival of tourists to the Hotel Paradisus Playa Conchal resort, but the General Manager of Café Britt, Pablo Vargas, is “convinced that once the crisis ends the harvest from the current investments will bring better fruits,” according to Elfinancierocr.com.

New Café Britt Store in Chile

June 2009

As the sixth store opens at the Santiago airport, plans to open the first location in Antigua island is coming together.

With an investment of $1 million, the Costa Rican company, Coffee Britt, inaugurated a store called "Rumbo Sur" at the Santiago, Chile airport two weeks ago. The store is 260 square meters, and it is situated next to a 60 square meters mini-market.

Jugueterías Toys Expands in Costa Rica

June 2009

The chain has just invested $3 million in two new locations and it is planning the construction of two more stores for the coming months.

In December, Juguetrías Toys opened a store of 400 square meters in Escazú. For June 25th, the business has planned the inauguration of an exhibition room that was constructed along with a storage space of 7,000 square meters, which required an investment of $1.6 million.

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