Split mayor wants to sell his supermarket chain

Split Mayor and entrepreneur Zeljko Kerum has confirmed that he wants to sell his supermarket chain "Kerum" for 200 millions Euros. Kerum said if he did not succeed in selling his leading food retailer for that amount he would ... More

Carrefour-Marinopoulos to acquire DIA Hellas

The French-Greek group Carrefour-Marinopoulos is set to finalise the acquisition of the supermarket chain Dia Hellas, according to the Italian Institute for Foreign Trade (ICE) office in Athens, which noted that the definitive ... More

Agrokor bonds go on European market

Croatian concern Agrokor yesterday (Tues) issued 400 million Euros of bonds on European capital markets. The seven-year Eurobonds have a 10 per cent coupon. Financing was arranged via agents BNP Paribas and UniCredit Zagreb ... More

Pearl Park Mall to open doors in Sofia in spring

The construction of one of the biggest shopping centres in the southern part of Sofia is pending completion, with the ribbon-cutting ceremony scheduled for spring, the project manager, Valentin Zhekov, told reporters on ... More

IKEA Romania’s sales pass the 100-million euro mark

IKEA home product retailer reported total sales of 104.7 million euros throughout the year 2008, and over 3 million visitors last year.The most prolific month in terms of sales was September, after the delivery of the new ... More

New takeover bid for Lesnina

Yesterday the company Siringa from Ljubljana published a bid for the takeover of Lesnina, where it already controls a 96.96 percent stake. The bid refers to the remaining 3.04 percent or 2,325 shares of Lesnina. Siringa is ... More

Piccadilly to open 20 corner shops in Sofia

Bulgarian supermarket operator Piccadilly said it will open 20 corner shops in the Bulgarian capital by the year’s end. The first two stores under the Piccadilly Express brand have already opened doors, and a third one is ... More

Carrefour to move in Bulgaria

France's Carrefour, Europe's biggest retailer, has not given up on the planned rapid expansion in Bulgaria in spite of the global economic slump, said sources close to the company. The chain has inked a contract to open a ... More

Ikea might open a new unit in Bucharest

Ikea Romania might expand its present store in Bucharest with approximately 2,000 square metres, from 26,000 square metres to 28,000 square metres, but there is a possibility for the opening of a new unit, Cornel Oprisan, retail ... More

Lidl wants to build logistic centre at Chiajna

Discount retailer Lidl Romania wants to build a logistic centre on 4,000 sq m and a four-storey office building on four hectares of land in the commune of Chiajna, Ilfov County, according to information sent by the company to ... More

Billa moves in malls

The Billa supermarket chain, part of German REWE Group, has opened a store in the coastal city of Varna and will enter at least three more shopping centres. Having built stand-alone and shared outlets for years, the retailer ... More

Niya unveils shopping centre in Pleven

Pleven-based building company Niya cut the ribbon for its first retail and entertainment centre in the Danube city. The Maxi Center project stomached over EUR 5 million and has a footprint of over 8,300 sq m housing retail and ... More

Furniture chain Interra opens store in Plovdiv

Bulgarian company Orinoco D cut the ribbon for a 2.0 million lev home furnishing store outside the southern city of Plovdiv. The Neterra complex offers 6,000 sq m of retail space spread on three floors including an 80-seat ... More

Praktiker to open five stores in Bulgaria

German DIY store Praktiker will unveil at least five more stores in Bulgaria by 2011, the manager of the company’s Bulgarian operations, Reiner Vitka, told a news conference marking the chain’s fourth anniversary on ... More

Shopping center Pevec opens in Banja Luka

Croatian company Pevec opened in the city of Banja Luka the first shopping centre in Bosnia Herzegovina, which is also its first centre outside Croatia, it was reported by the Italian Foreign Trade Institute (ICE)'s office in ... More

Shopping center Dujle opened in Stip

After as many as 15 years of construction, shopping center Dujle, in which EUR 9 million have been invested, was opened in Stip. Keys to their shops and apartments have already been given to about 80 percent of owners, out of ... More

Zona For Home furniture retailer opens Burgas store

Zona For Home, the local furniture retailer, said it has opened an outlet in Burgas, on the Black Sea. The two-level Burgas store is the company's third overall and first on Bulgaria's Black Sea coast. more than 1,000 pieces of ... More

German retailer Kaufland to increase capacity of storage

German retailer Kaufland said it will invest over 50 mln euro to expand its storage facility in the village of Stryama, Southern Bulgaria. The warehouse in Stryama is the stocking hub for all of the Kaufland stores in ... More

Consumption slowdown cuts Agrokor’s profit

Out of all Agrokor Group members, only Jamnica recorded growth of net profit in the first half of the year, by 8.2 percent to HRK 26.6 million. On the other hand, net profit was reduced by Ledo, by 2.8 percent to HRK 52.2 ... More

Competition Protection Office inspects Mercator, Spar and Engrotus

While the list of companies which lost their voting rights before their shareholders’ meetings on the basis of a decision of the Competition Protection Office is getting longer every week, head of the Office Jani Sorsak ... More