Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Slovenia's Mercator Announces EUR 80 M Bulgarian Investment
SLOVENIA'S MERCATOR ANNOUNCES EUR 80 M BULGARIAN INVESTMENT
Date: 20/10/2010
Source: novinite.com
Slovenia's Mercator Announces EUR 80 M Bulgarian Investment

The Slovenian company Mercator is going to invest EUR 80 M in a store chain in Bulgaria by 2012.

Mercator-B EOOD, which is Mercator's local subsidiary, announced Wednesday that it has put EUR 4 M into the opening of the first "Roda" megamarket in Bulgaria.

The Roda store in Sofia is scheduled to open next week on an area of 4000 square meters; it will employ 100 people, announced Branko Micic, manager in Mercator-B EOOD.

By the end of 2010, the Slovenian company plans a total investment of EUR 10 M in Bulgaria in four Roda stores.

The second Roda megamarket will open in November 2010 in the new Varna Towers mall in the Black Sea city Varna.

The third will be in Galeria Mall in Stara Zagora. The existing Mercator hypermarket in Stara Zagora will also be rebranded as a Roda store.

Micic said the goal of Mercator was to achieve a 3% market share in Bulgaria by the end of 2012.

"Roda is one of our strongest brands in Southeastern Europe because it takes into account the local demand in terms of prices, product range, and services," he explained.

The Roda megamarkets will be targeting both end consumers and retailers, and the two target groups will have access through different entrances and will be served by different staffs.


Topic: Investments



Featured District
SILISTRA DISTRICT AND CITY INFORMATIONSilistra
Invest Bulgaria Charts
Current and Capital Account of Bulgaria
Current and Capital Account of Bulgaria

Exports of Goods and Services of Bulgaria
Exports of Goods and Services of Bulgaria

See all charts
Did You Know?
Bulgarian Name Days
Bulgarian Name Days
In Bulgaria, Name Days are celebrated in addition to birthdays. A Name Day is celebrated by people ... More

The town of Dobrich is the second largest economic centre in Northeast Bulgaria. The municipality's territory encompasses the town of Dobrich and the Riltsi district with a total area of 1705 hectares.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members