Cosmos Mobile, the GSM distributor of telecom operator Cosmote, has invested EUR 50,000 in opening a new concept store in AFI Palace Cotroceni shopping mall, the company has announced.

This is the third concept store opened so far in Bucharest, after similar units in Plaza Romania and Sun Plaza.

Cosmos Mobile's total investments in the last four years reached EUR 850,000 in its GSM retail network. It plans to open new concept store by the end of the year in Bucharest and in other cities in Romania. Cosmos Mobile is the second master agent for Cosmote's post-paid products. It also distributed pre-paid products for Vodafone and Orange. The company is run by GM Michalis Kontos.