Lidl and Tesco would expand in the poorest Member States

By: trademagazin Date: 2010. 04. 22. 00:01

Bulgaria, the poorest Member States of the European Union is expected to be the favorite target of retail chains in the next few years, the main market players have already targeted the country.

The region's markets are mainly reign by the Tesco and Albert supermarket chains. French Carrefour, left Slovakia and the Czech Republic five years ago, but now returns to the area. The company yesterday opened its first store in Sofia and would like to establish twelve more businesses, until 2013.
Beside Carrefour, Lidl, the German KG and the Slovenian Mercator Poslovni Sistem also plan expansion. The poorest state of the EU offers better growth prospects than its neighboring countries, where markets are becoming saturated – reports Világgazdaság Online, after Bloomberg.



Related news