$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

GAP Comes to Panama

February 2012

The GAP clothing chain will open its first store in Panama in late February.

This opening in the new phase of Albrook Mall, marks the start of expansion into Central America and the Caribbean.

The company plans to open two more stores this year in Panama, one in Metromall and one in Multiplaza.

Chain Store Invests $ 8 Million in Guatemala

February 2011

As part of its expansion plan, Cemaco will open three new stores in 2011.

On March 18 it will open a new store at the Mall Flores del Lago.

Maria Fernanda Jaramillo, executive vice president of the company, told Prensa Libre that "an express format will be created by the middle of this year at the Avenida de las Américas, in area 13.... The expansion plan also includes opening a store on route to the Atlantic...".

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.

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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