Rewe Austria is looking to launch ten new outlets in Russia per year, and is also targeting the eastern European markets of Ukraine and Romania, according to Rewe International CEO Janusz Kulik.
Kulik said that Austrian supermarket chain Billa would continue its expansion program in Russia, adding to the 72 outlets that it already operates in the country, FriedlNews reported.
“The markets in central and eastern Europe are growth markets,” Kulik noted. “The growth potential is still enormous.”
Source: www.fruitnet.com