Etele Plaza, Buda’s largest shopping and entertaining centre is getting close to completion. Hungary’s first smart plaza will open its doors in September 2021.
The realisation of the €300M Etele Plaza has entered its final phase thanks to the financial and professional commitment of Futureal Group. As the latest triumph, Peek & Cloppenburg a family-run international chain of retail clothing stores with headquarters in Düsseldorf and Vienna will launch its first store on the Buda side of the Hungarian capital in Etele Plaza. Over 100 years since its foundation, Peek & Cloppenburg has maintained its passion for quality clothing. Its range covers fashion for any occasion from leisure-time and business clothing through to evening dress.
“We are very pleased that we have developed successfully since our start in Hungary in 2007 and are now opening our second store in Budapest in Etele Plaza. Especially in these difficult times, we are looking ahead and continue to believe in the stationary trade,”says Paul Pörtner, Director Retail Management at Peek & Cloppenburg and responsible for the Austrian and Eastern European market.
Prior to Peek & Cloppenburg’s announcement, Etele Plaza released the news last year that Spanish Inditex Group decided to be present in the shopping centre with all of its brands available in Hungary, including Zara fashion store featuring a brand new design concept.



