Auchan to invest 0.5bn-euro in Romania
French retailer targets 22 cities with more than 100,000 inhabitants by 2010.
"We will continue to expand with large-scale hypermarkets, because this what we specialise in. The Discount Market store in Timisoara is an exception and is a different kind of retail experience, which is paving the way for an Auchan hypermarket in the city," said Regis Mougel, general manager of MGV Distri Hiper Romania, which operates the Auchan network.
The network' s future expansion, at a rate which could reach 6-10 stores a year, will take MGV Distri Hiper Romania investments to half a billion euros by 2010.
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