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Mercator invests EUR 30 million in its Serbia-based facilities

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...

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Delhaize to invest EUR 40 million in its operations in Serbia

Delhaize 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...

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Retail sales rose by 3.7% in Q1

Retail 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...

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Carrefour Romania like-for-like sales dropped by 3.2% in Q1

Carrefour 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...

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Auchan hopes to turn on profit in Romania in 2012

Auchan 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...

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Mercator to invest outside grocery retail

Mercator 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 ...

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RUSSIA: X5 like-for-like sales down 3.9 pct in Q1

RUSSIA: 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...

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SLOVENIA: MERCATOR shareholders likely to create consortium

SLOVENIA: 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...

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HUNGARY: CBA celebrating its 20th anniversary

HUNGARY: 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...

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The leading Hungarian pasta producer is building a new mill

The 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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