Region
Lenta Set To Acquire Billa Russia Supermarkets In €215m Deal
Russian retailer Lenta has announced that it has agreed to acquire the supermarket business of Billa Russia for €215 million in cash, in a deal that it set to boost the retailer's presence in the Russian cap...
Read MoreRussian chain plans Dutch, French, Belgian entry
Fast growing Russian food retailer VkusVill is opening a first store in the Netherlands. A French branch is planned as well, as part a worldwide expansion that may also include China and Belgium. ...
Read MoreSPAR shows interest for Serbian retail chains
Dutch supermarket chain SPAR will enter the Serbian market by acquiring local chain Mercator S, according to Vecernje Novosti publication. This option, allegedly, was circulating since the onset of the c...
Read MoreCarrefour opens high-tech hypermarket in Warsaw
Carrefour opened a new hypermarket in Warsaw earlier this month, which features a range of new commercial concepts and digital retail solutions. The 2,000 square meter store sells nearly 13,000...
Read MoreMaxima Grupe in talks to acquire Emperia Holding
Lithuania-based Maxima Grupe says that it has started negotiations over the acquisition of Polish operator Emperia Holding S.A., which owns the Stokrotka retail chain. The group runs 410 stores und...
Read MoreNestlé to complete 64 million euros investment in fall
The Hungarian subsidiary of Nestlé expects to complete its biggest investment in the country by this fall, an expansion at its pet food plant in Bük, northwest Hungary, worth over 20 billion forints (64 mill...
Read MoreAuchan to invest more in Russian business in 2017
French retail company Auchan is going to invest more than 20 bln rubles (356.29 million dollars) in projects in Russia in 2017, General Director of Auchan Russian division Oleg Alkhamov told reporters on the...
Read MoreMetro’s MyMarket Enters Online Market
Another Greek supermarket chain, the Metro group’s MyMarket, is set to make its electronic commerce debut, which, in contrast to other retail models in Greece, is showing rapid growth. MyMarket announced...
Read MoreMercator doubles investment in 2017
Mercator has revealed its business plan for 2017, targeting revenue of 2.4 billion euros, less than the 2.6 billion euros of anticipated revenue this year, with the decline attributed to an increased focus o...
Read MoreHUNGARY: Domestic supermarkets lose ground to German chains
Foreign, particularly Germany-based discount supermarkets are expanding at a much faster rate on the Hungarian market than domestic chains, with Aldi, Penny Market and Lidl having been the most active this y...
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