Economy
Bulgarian Govt to Sell Minority Stake in Kempinski Sofia
Bulgaria's government is going to sell its 7.58% share of the Kempinski Hotel Zografski, one of the five-star hotels in Sofia. The state has already included its minority...
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1 min read Food and Beverage Source: Novinite
From our news archive: this article was published in March 2011. Figures and rules may have changed since.
The supermarket chains "Piccadilly" and "Lidl" have opened new stores in the country, the companies announce.
The German "Lidl" entered for the first time the Black Sea city of Burgas by opening three stores at once and replacing the facilities of the "Plus" chain, which were purchased by Lidl.
Piccadilly opened its 5th supermarket in Sofia, replacing the "Elemag" store on "Kozyak" street. The company also has 10 smaller stores in the capital known as "Piccadilly Express."
"Lidl" now has 30 stores in Bulgaria. "Piccadilly" has 26 supermarkets, 12 "Piccadilly Express" stores and one hypermarket - "Tempo," which is located in the capital Sofia.
In the beginning of March, the Belgian company Delhaize acquired 100% of the shares of Serbian Delta Maxi Group, owner of the Piccadilly retail store chain operating in Bulgaria.
Delta Maxi (Delta Holding) runs some 450 stores in 5 countries in South-Eastern Europe. With the move, Delhaize added to its already-existing Greek and Romanian branches.
Originally published by Novinite.
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