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Our History

The major landmarks in the evolution of Jumbo Group are the following:
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November: Jumbo’s foundation with the objective of selling toys. Opening of the first store in Glyfada.

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October: The second store opens in Psychiko

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October: Two new stores open in Cholargos and Piraeus

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July: Jumbo family grows by three new members. The fifth store opens in Tavros, the sixth in N.Erythrea and the seventh in Pagkrati.

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October: First central warehouse of 8.000 square meters in Nikaia and the eighth (leased) department store in Nikaia

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November: Jumbo expands its network with the opening of one new store which is located in Vari.

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April: Thessaloniki welcomes the tenth Jumbo store.

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June: successful IPO at the Athens Stock Exchange

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November: The eleventh store opens in Patra

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December: The company opens its twelfth store in Seirios.

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August: The thirteenth store opens in Kolonos

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April: The company opens its second warehouse in Inofita (13.500 sqm).

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October:
  • The company proceeds with a share capital increase through the issuance of 1.200.000 new ordinary anonymous shares.
  • Acquisition of related Cyprian company under the name «Jumbo Trading Ltd» former «Jumbo Investments Ltd»

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December: Cretans may be proud of their own Jumbo that opened in Herakleon.

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The third warehouse opens in Kaminia (14.259 sqm).

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February: Contract of syndicated loan in EURO through the bank of Societe Generale of London and other banks (5 billion drachma)

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August: The fifteenth store opens in Kalamata.

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October: The sixteenth store opens in Paiania.

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November: The seventeenth store opens in Kaminia, Piraeus.

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Disastrous fire of unknown cause, broke out in the warehouses and central offices of the Company in Aigaleo of Attica at Thyvon Avenue, 255.

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March: Completion of the Company’s share capital increase through the issuance of 3.456.000 new nominal shares and a ratio of 2 new shares for every 10 old shares with 1.500. Issue income (5, 2 billion dr.)

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March: Re-naming the affiliate company in Cyprus into «Jumbo Trading Ltd»

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April: Change of the Company’s title from «Baby Land Toys S.A.” to “JUMBO Anonymous Commercial Company” under the distinctive title «Jumbo»

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July: Registration of the Jumbo Trading Ltd in Cyprus Stock Exchange.

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August: The eighteenth store opens in Vrilissia.

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October:
  • Issuance of four-year duration of Convertible Bond Loan with preference option in favour of the old shareholders. Issue of 2.764.800 bonds of nominal value of 1.450 dr. and purchase price of 1.450dr. - 4.008.960.000 dr. Contracting Bank Societe Generale
  • Purchase of buildings in Avlona of Attica 13.300 sqm and land surface of 76.353 sqm.

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December:
  • The nineteenth store opens in N. Efkarpia, Thessaloniki.
  • Purchase of land of total surface of 108.000sqm in Inofita and for the construction of central warehouse of the Company.

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Location of central management offices and other services in the historic building in Moschato of Attica of 2.030 sq. m

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Operation of the central warehouses of about 36.000 sq.m. and the construction of additional storage space of approximately 9.000 sq.m. in Oinofyta of Viotia

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Following the tender, the Company was entitled the right of exclusive production and trade of the mascot of category “Toys” for the Olympic Games held in Athens in 2004.

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July: The twentieth Jumbo is a hyperstore and is at the Thessaloniki Port

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August: At Anixi of Attica opens the twenty-first hyperstore.

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December:
  • Contracting a syndicated loan of an amount of € 60.000.000 with the Bank ΒΝΡ Paribas, for financing the company’s investment program.
  • Opening of the new owned store in Lemessos of Cyprus of total surface.

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March: The twenty- second store opens in Agrinio

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May: The twenty-third store opens in Larissa.

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August: The twenty-forth store opens in Ioannina.

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November: Kavala welcomes that twenty-fifth Jumbo store.

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December:
  • And the people of Rodos have their own Jumbo, since the opening of the twenty-sixth store.
  • Opening of a new store in Nicosia, Cyprus.

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This year, four new hyper stores added at Jumbo’s network!
  • August: The twenty-seventh in Chalkida (7.500 sqm).
  • December:The twenty-eighth in Chania (7.131 sqm), the twenty –ninth in Marousi (3.673 sqm), and the thirtieth in Ilion (4.800 sqm).

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Relocation of the company’s warehouses from Kaminia to Avlona and closing of the store too.

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February: Issuance of Ordinary Bond Loan of the amount of € 45 million. Organized by e «EFG Telesis Finance.» and «BNP Paribas». The loan was paid by the company on 07.12.2006.

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March: The thirty- first store opens in Agia Paraskevi (4.770sqm).

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August: The thirty- second opens in Corinthos (7.000sqm)

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November: Karditsa welcomes the thirty-third hyperstore of 9.500 sqm.

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December: The thirty –forth hyperstore ….belongs to Volos (6.500 sqm)!

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July: On July 9th, 2004 the shares of the subsidiary «JUMBO TRADING LTD» delisted from the Cyprus Stock Exchange as a result of acceptance of the Public Offer and the purchase of the rest of the shares by JUMBO S.A.

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April: The thirty-fifth store opens in Alimos (13.500 sqm).

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July: Two more store are added at Jumbo family, with the opening of the thirty-sixth store in Corfu (7.500 sqm.) and the thirty- seventh in Patra (4.400sqm)

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September: On September 1, 2005 in Bulgaria was founded the subsidiary company «JUMBO EC.B» based in Sofia. The company proceeded with the purchase of a plot and the construction of a building aiming to create a hyper store of 15.000 sq.m.

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October: Conversion into shares of the as of 200 Bond Load and share capital increase by an equal amount.

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November: The thirty-eighth store opens in N.Ionia (6.950sqm).

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December: The thirty- ninth store opens in Alexandroupoli (7.500 sqm).

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June: Decision of the issuance of Convertible Bond Loan of the amount € 42.432.150,00

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July: Launch of the fortieth Jumbo store in Lamia (5.809 sqm).

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August: The subsidiary company «Jumbo EC.R» was founded based in Bucharest.

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The old store in Glyfada closes as the new hyper stores replace the old ones.

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January: The old stores in Psichiko and N.Erythrea also close.

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March: The new Jumbo store opens at the port of Piraeus (10.517 sqm).

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May: Approval of the issuance of Common Bond Loan (non convertible) of the amount of € 145.000.000 and seven-year duration.

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December:
  • Opening of a new store in Varimpopi.
  • Opening of the first store in Bulgaria in the city of Sofia (15.000 sqm).

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July:
  • Promachonas acquires its own Jumbo!

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August:
  • A new Jumbo store opens in Renti and one more in Maroussi (10.000 sqm.).

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January: The store in Cholargos closes.

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March: One new store is added at the Jumbo family in Aspopyrgos (9.000 sqm.).

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November: Launch of the second store in Bulgaria at the city of Plovdiv (13.500 sqm)

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This year Jumbo opens six new hyper stores!

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August: Opens a new store in Sofia (Bulgaria) the second one at the city

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October:
  • Preveza has its one Jumbo
  • Larissa welcomes the second store in the city.

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November:
  • Opens the new store in Larnaka (Cyprus).
  • And a third store in Sofia (Bulgaria).

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December: Ioannina welcomes the second store in the city.

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May: In Varna (Bulgaria) opens the fifth store of the Group at the country

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July: In Burgas (Bulgaria) opens the sixth store of the Group at the country

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September: In Eleysina opens the fifty-forth store of the Group.

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October: Opening of the Group’s new hyper store in Spata-Gialou

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November: Opening of the Group’s new hyper store in Giannitsa

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May: In Ruse (Bulgaria) opens the seventh store of the Group at the country and the port of Lavrio (Greece) gets its own Jumbo

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July: A new Jumbo store opens in Nea Philadelphia (Athens)

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August: The sixtieth store of the Group opens in Palaio Faliro

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November: One more Jumbo opens in Thessaloniki at the Florida Shopping center

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December: The eighth store of the Group opens in Sofia

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July: A new Jumbo store opens in Serres

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August: A new Jumbo opens at Agios Eleftherios

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October: The first Jumbo store in Romania opens at the citi of Timisoara

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November:
  • The second Jumbo store in Romania opens at the city of Bucharest
  • The new Jumbo store opens in Paphos, Cyprus

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August: A new Jumbo opens at Iasmos, Greece

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October: The second Jumbo store in Bucharest, Romania opens


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