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Metro plans Eastern European investments
German Metro Group plans to invest more than one billion euros in the following years, in Eastern Europe – writes Handelsblatt.
Stores will be built in Russia, Kazakhstan and Ukraine. Until 2013, 100 new stores will be opened mostly in Russia.
The Commonwealth of Independent States, beside the Asian region is the most important growth region for the group. The quarters of the annual turnover of 67 billion euros came from Eastern Europe – reports MTI.
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