Delta entering the Ukraine and Belarus

The company Delta Maxi and the investment holding company Finstar from Russia have founded a joint company to develop supermarkets and hypermarkets in Belarus and the Ukraine. In the next five years they will invest USD 700 ... More

Serbian Delta has to pay MKD 140 million to Macedonia

Serbian holding company Delta has to pay MKD 140,104,110.00 for a plot of land that it was granted in Skopje two years ago for the purpose of building a hypermarket, it was decided by the Competition Protection Commission. The ... More

Tus supermarket opened in Subotica

Slovenian retail chain Tus has opened a new supermarket in Subotica, spreading over 3,000 square meters. This is their fourth facility in Serbia, after Sombor, Novi Sad and Belgrade and Slovenians also plan to open two new ... More

German retailer Metro to invest 150 mln levs in Bulgaria

Metro Cash&Carry, the German chain of self-service wholesale warehouses, has slated 150 mln levs for investment in three new local outlets in as many years, it emerged during the relaunch of an upgraded hypermarket in Varna ... More

Slovene Merkur opens its biggest store in Sarajevo

Slovene retail chain opened its biggest home improvement store, in Sarajevo today. The store on the area of 14,000 sqm will offer 35,000 products for home improvement and gardening. This is also one of the biggest stores of the ... More

Magma launches new division

Last week, Magma opened its first Magma home retail store, as a part of Turbo centar Rotor in Zagreb, announced the company in a press release. With the opening of Magma home stores, the company launches a new range of products ... More

New commercial centre opens in Braila

European Retail Park Braila, the first retail park in Braila and the most modern shopping centre in the County will open at the end of May. It will total a rentable surface of approximately 44,000 square meters and a commercial ... More

Austrian, Dutch co's to develop shopping mall in Sofia

Austrian property investor Meinl European Land and Dutch mall property developer Multi Development, part of Multi Corporation, will kick off in 2008 their first joint project in Bulgaria, the Dutch company said on its website. ... More

UK developer unveils plans for Veliko Tarnovo mall

Parkridge, a British private investment and development company, has proposed to the local authorities in Veliko Tarnovo, Northern Bulgaria, to build a shopping mall. Company executives met last week here with city mayor ... More

Auchan revenues in Romania advanced last year to EUR 137 M

In 2007, Auchan revenues in Romania amounted to EUR 137 M, compared to EUR 19 M during the previous year, considering that the French network opened the first hyper market in Bucharest in November 2006, according to the financial ... More

Veropoulos to invest 20mn EUR in projects in Serbia - 250 new jobs

Greece's Veropoulos has announced a 20mn EUR investment in already approved projects in Serbia. To date, the company has put in 40mn EUR, built and opened three retail supermarkets in Belgrade, with the fourth well underway and ... More

Retail chain C&A to enter Bulgaria in 2010

Apparel retailer C&A, which manages some 1000 outlets across Europe, is hiring management staff for the launch of operations in Bulgaria, Dnevnik daily reported on March 12, quoting company sources. However, the first local C&A ... More

Vindija and Mercator to invest in Brčko

In two to three weeks Vindija, a company from a Croatian town of Varaždin, is going to ask for a location permit for the construction of the first three farms in Brčko District. According to a Bosnian web site ... More

German retailer Lidl picks Pazardjik store site

Some 2 years after announcing plans to build a store in Pazardjik, Southern Bulgaria, German retailer Lidl, part of Schwarz Unternehmensgruppe, has notified the town mayor of its interest in a 1.3 ha land plot. The German company ... More

Slovenian retailer Mercator to enter Bulgarian market

Slovenian retailer Mercator is preparing to enter the Bulgarian market with the acquisition of a local competitor, Dnevnik learned from industry sources. The Slovenian company has scheduled meetings here with potential ... More

Serbia's first multiplex cinema opens

The first multiplex cinema in the country officially opened in the Delta City mall in New Belgrade. Six screening halls with 1,200 seats and covering a total of 3,000 sq meters are equipped with the digital sound systems, ... More

Todoric lowers the price of Migros to USD 3.2 billion

On Thursday, January 31, Ivica Todoric, owner of Agrokor, flied to Istanbul for the final negotiations on the purchase of Migros Turk, Turkey’s biggest retail chain. His partners from equity company Blackstone, arrived a ... More

Carrefour Romania takes over Artima SA

The Competition Council authorized the takeover by Carrefour Romania of the company Artima SA Timisoara and of the companies controlled by it, according to a press release sent to Nine O’Clock editorial staff. The ... More

Government claims that it did not participate in the sale of Mercator

The Office of the Prime Minister responded to the claims of the former director of Mercator, Zoran Jankovic, on the sale Mercator, stating that Mercator was never Government property, so neither the company nor the prime minister ... More

Panto market took over Carine’s shops

Company Carine from Podgorica leased all its shops and supermarkets to company Pantomarket from Herceg Novi for ten years. According to the same contract, Carine sold its pig farm with the meat processing and animal feeding ... More