Billa plans to invest up to EUR 36mn per year in Bulgaria by 2014.

By bne IntelliNews June 18, 2010
Austrian retail store chain Billa plans to invest between BGN 65mn (EUR 33.2mn) and BGN 71mn (EUR 36.3mn) per year in Bulgaria between 2011 and 2014, local media reported. The company plans to expand its existing network of 71 stores by investing more than BGN 65mn in opening another 10 stores by the end of this year, Pari daily reported quoting company executives. The company opened on Wednesday a BGN 23mn, 16,600 sq m logistics base near the capital Sofia. Billa set foot on the Bulgarian market in 2000.

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