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Mercator invests EUR 30 million in its Serbia-based facilities
Mercator will invest over EUR 30 million in Serbia this year, and the most significant investment of all, amounting to EUR 12 million, will be the one in the reconstruction of the Mercator center in Belgrade...
Read MoreDelhaize to invest EUR 40 million in its operations in Serbia
Belgium`s Delhaize intends to invest over EUR 40 million in its operations in the Serbian market this year, Delhaize Serbia CEO David Vander Skuren announced. Skuren, the director general of Delha...
Read MoreRetail sales rose by 3.7% in Q1
Romanian retail sales rose by 3.7% in the first quarter compared to the first quarter of 2012. The Sales rose by 4.5% in ajusted terms, according to National Institute Of Statistics data In th...
Read MoreCarrefour Romania like-for-like sales dropped by 3.2% in Q1
Carrefour Romania reported a drop of 3.2% in like-for-like sales in the first quarter of the current year compared with same period of 2011, in comparable terms, reaching 277 million euro. Includi...
Read MoreAuchan hopes to turn on profit in Romania in 2012
Auchan Romania has ended 2011 with 6 million lei (around 1.4 million euro) loss while sales soared by 6.7% to 1.8 billion lei (425 million euro), according to the retail chain local reprezentative...
Read MoreMercator to invest outside grocery retail
Slovenian grocer Mercator will expand its services to mobile telephony, tourism and petrol stations, STA reports. The retailer also announced further sales of its properties. "It is not enough to ...
Read MoreRUSSIA: X5 like-for-like sales down 3.9 pct in Q1
X5 Retail Group, Russia's biggest food retailer by sales, said on Wednesday its like-for-like sales declined 3.9 percent, year-on-year, after a 2 percent fall in the previous quarter. Total sa...
Read MoreSLOVENIA: MERCATOR shareholders likely to create consortium
Slovenia-based Mercator's owners are likely to form a consortium later this month to sell approximately 68% of the retailer, The Daily Finance has reported. It said the consortium might include Un...
Read MoreHUNGARY: CBA celebrating its 20th anniversary
Hungarian chain CBA is celebrating its 20th anniversary. On the press event organized on the occasion László Baldauf, president of the group said that CBA is willing to become the leader of the Hu...
Read MoreThe leading Hungarian pasta producer is building a new mill
Gyermelyi – the leading Hungarian pasta producer, one of the few real success stories in the Hungarian food industry, in Hungarian ownership – is investing 2 billion HUF (6,7 million euro) to buil...
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