GLOBUS sales up in Czech Republic

German hypermarket and DIY store operator is currently building its 14th Czech hypermarket, located in Ostrava.

 The retailer increased its sales by
CZK2.6 billion up to CZK22.7 billion in the Czech Republic over the
financial year ending June 2008.

According to published accounts in
Moderni Obchod, its net profits rose by CZK66 million to CZK421
million.