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Third real hypermarket, in Oradea

25.08.2006, 18:57 8

Germany's real hypermarket operator invested 13 million euros in a store located in Oradea, the third one in the network. "So far, total investments targeting the two real stores in Timisoara and Constanta have come to 27 million euros. Investments in the store in Oradea have revolved around 13 million euros, including the cost of equipment and installation," stated John Rix, managing director of real-Hypermarket Romania. The officials announced another four stores would be opened in Romania by yearend, with another eight to be launched by the end of next year. The domestic branch of the German company, part of Metro group, was set up last year. Besides Germany, Real has also expanded in countries such as Poland, Turkey and Russia. In Romania, real-Hypermarket opened its first store in Timisoara this spring.

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