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Billa, Mega Image, and Carrefour invest over 50m euros in supermarkets

13.04.2010, 16:05 19

2010 investment plans of the top supermarket chains, Billa, MegaImage, and Carrefour Market are defying the consumptiondecline.

The three foreign retailers will open a total of 46 stores thisyear, compared with 26 in 2009, following investments put at over50 million euros by ZF, according to plans announced by thecompany.

The supermarket operator with the biggest expansion will beBilla, with 20 inaugurations planned for 2010, the biggest annualexpansion rate recorded by the German retailer so far.

As for Carrefour, it has not announced plans to speed upexpansion of its supermarket chain, but the company will make amajor move this year, by introducing Carrefour Market in Bucharest.The first store will be opened in Piata Gorjului (Gorjului Square),Militari district in the last ten days of this month. The retailerwill open around 10 supermarkets this year, according to companydata.

In turn, Belgian group Delhaize announced 16 expansion projectsfor 2010, which will bring the Mega Image chain - Bucharest'sbiggest supermarket chain- into 10 new locations, and will expanddiscount chain Red Market by 6 stores.

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