According to the Commission Delta dominant on the market

The president of the Council of the Competition Commission Dijana Markovic-Bajalovic, announced yesterday that according to European standards Delta maxi has a dominant position on the market in Belgrade because it owns more than ... More

Delta Holding joins CSR Europe

Delta Holding has joined CRS Europe, the leading European business network for corporate social responsibility with around 70 multinational corporations and 24 national partner organisations as members. Delta is the first CEE ... More

“Ramstore” to be sold until March

The Serbian company “Delta” and the Slovenian companies “Merkator” and “Tush” are interested in buying the Turkish company “Migros Turk” The Skopje shopping center ... More

Malls to do extensive hiring by 2010

The malls to be opened by 2010 will hire about 200,000 people, with the shopping space stock estimated to grow to 2.5 M sq m in the coming years, according to an article published in the ‘Ziarul financiar’. The ... More

Konzum acquires 71,85% stake in Euroviba

Trade company Konzum d.d. Zagreb has informed Zagreb Stock Exchange that it has acquired a 71,85% stake in consolidated capital of the retail sale company Euroviba d.d. from Sinj. By signing a contract on the transfer of shares ... More

Plaza Centers buys retail development project in Bulgaria

Plaza Centers, an emerging markets property developer, has made its first investment in Bulgaria through the acquisition of a retail development project in Shumen, news agency Dow Jones reported on Tuesday, November 20. The ... More

Bulgarian Euromarket sees '07 group equipment sales at 400 mln levs

Euromarket Group, the local vendor of power tools and construction equipment, has forecast full-year sales at 400 mln levs for 2007, including 250 mln levs in domestic sales. The company netted sales of around 300 mln levs in ... More

Turkish businessman opens outlet mall in Sofia

The Corecom store in Sofia's Mladost residential district will be remodelled into an outlet mall and renamed to Princess Outlet Center. The outlet mall, due to open for business later this week, will offer discounts in ... More

Austrian retail chain "Spar" wants to enter market of Serbia

Austrian retail market chain "Spar" expressed interest in entering market of Serbia - Ministry of Trade and Services of Serbia announced. According to the announcement, Minister of Trade and Services of Republic of Serbia, ... More

City of Ruse to make non-cash contribution to JV

The city of Ruse will become a partner in a newly set up joint venture for the construction of a mixed-use building and a sports venue complex with a non-cash contribution of almost 13.7 mln levs. In April, the municipal council ... More

Israeli co to build shopping mall in Plovdiv

An Israeli company has announced plans to invest 45 mln euro in a shopping mall development in Bulgarian city Plovdiv, said the InvestBulgaria Agency, the local investment promotion authority. The agency will present on ... More

Consortium Taking Over Hardware Chain

Four Slovenian companies and one Croatian company have joined forces in the takeover of Merkur, a hardware retailer and wholesaler from Naklo. The companies value Merkur, a leading chain in its branch in SE Europe, at around EUR ... More

Development costs for Galleria Plovdiv mall seen at 60 mln euro

European Convergence Development Co Plc (ECDC), an Isle of Man property developer, announced that total development costs (including land) for its Galleria Plovdiv shopping mall project in Bulgarian city Plovdiv are estimated at ... More

120 mln euro Mall Varna deal

Miller Developments, a UK commercial property development company, has paid 120 mln euro to buy the Mall Varna development from its current owner Interservice Uzunovi, said representatives of the Bulgarian company. The price ... More

Mercator Opens Shopping Mall in Zagreb

Retail chain Mercator opened on Thursday a 7,500 sq. metre shopping mall in the Croatian capital of Zagreb, dubbed Zagreb III. The investment is worth EUR 10m, director of the Croatian subsidiary Mercator-H, Alan Krickovic, told ... More

TUS gains licence to build megamarket

Slovenian-based firm Tus has received the approval for the construction of a megamarket in Vranje on 3.6 hectares of land next to the present footwear factory Kostana, daily Politika reports. The municipality of Vranje has leased ... More

Sofia mall outlets sell at 3,000 euro/sq m

The asking sale prices for retail outlets in shopping malls currently under construction in Sofia are around 3,000 euro/sq m, said Rauni Tillsoo, manager of the local office of Estonian real estate company Arco Vara. The ... More

Poland's GTC to build shopping mall in Burgas

Polish developer Globe Trade Center (GTC) said it will develop a mall-type retail and amusement center in Bulgarian city Burgas, on the Black Sea. The information was confirmed by the Bulgarian office of the company. A ... More

Bulgarian supermarket chain Piccadilly merge with Serbia's Delta

Bulgarian food store operator Piccadilly said it has finalised the deal for its merger with Serbian holding Delta, the operator of the Maxi supermarket chain. In a first for the Bulgarian retail market, a foreign corporation ... More

Austrian investment for first fashion outlet

The construction of the first fashion outlet in Croatia will be launched in the beginning of 2008 in the region of Zagorje. It will be the largest specialised trade centre in that part of Europe with 70 stores covering an area of ... More