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Lenta Set To Acquire Billa Russia Supermarkets In €215m Deal

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...

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Russian chain plans Dutch, French, Belgian entry

Russian 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. ...

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SPAR shows interest for Serbian retail chains

SPAR 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...

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Carrefour opens high-tech hypermarket in Warsaw

Carrefour 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...

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Maxima Grupe in talks to acquire Emperia Holding

Maxima 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...

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Nestlé to complete 64 million euros investment in fall

Nestlé 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...

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Auchan to invest more in Russian business in 2017

Auchan 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...

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Metro’s MyMarket Enters Online Market

Metro’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...

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Mercator doubles investment in 2017

Mercator 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...

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HUNGARY: Domestic supermarkets lose ground to German chains

HUNGARY: 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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