Greek retailer Veropoulos has no plans to withdraw from Serbia.

By bne IntelliNews October 5, 2011
Greek retailer Veropoulos, which operates grocery chain Super Vero in Serbia, has no plans to withdraw from the local market, Beta news agency reported. "The Veropoulos company most decisively dismisses speculation about its alleged withdrawal from the Serbian market. Quite the opposite, we intend to continue to invest in Serbia and open more retail outlets in Belgrade, but also in the interior of the country," Veropoulos CEO Nikos Veropoulos said in a statement to local media cited by Beta. Veropoulos has so far invested around EUR 50mn in its four Super Vero supermarkets in the capital Belgrade and employs over 400. The company also plans to open two more supermarkets in Belgrade and expand throughout the country.

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