Metro continues its Asian expansion
German trading group Metro is massively expanding in China and at other growing markets in Asia.
In long terms Asia, and in particular China always played an important role in our expansion program – said Eckhard Cordes, Chairman of the Metro Group.
This year 1.9 billion euros will be spent on the expansion, after last year’s 1.5 billion euros. In China, the group will start an intensive expansion in the area of the Media markets – reports Világgazdaság Online.
Related news
More related news >
Related news
SPAR’s innovative packaging solution that uses less plastic has been recognized with prestigious awards
SPAR Hungary’s innovative packaging technology has been honored with two…
Read more >Alibaba invests 50 billion euros in artificial intelligence and cloud technology
Chinese technology giant Alibaba has announced a major investment in…
Read more >Nearly half of companies will increase cafeteria allowances for manual workers this year
In 2025, significant changes took place in the field of…
Read more >