Serbia's Delta Maxi to open 10 stores in Bulgaria

Delta Maxi bought a majority stake in Bulgarian retail chain Piccadilly last year, the company would invest 70 million euro in Bulgaria over the next two years.

The group plans to open 10 new
commercial sites in Serbia, eight in Montenegro and five in Bosnia
and Herzegovina. The company also plans to set foot in Albania,
Macedonia and Ukraine.
In Serbia, Delta Maxi dominates the
market with more than 360 supermarkets and stores countrywide,
reporting revenues of 900 million euro last year.
Its majority shareholder, Delta Holding
is the country's largest private company and is owned by Miroslav
Miškoviæ, considered to be Serbia's richest man.