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Athens News Agency: News in English, 05-08-18

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Veropoulos plows 25mln euros into FYROM hyper-market, shopping mall

  • [01] Veropoulos plows 25mln euros into FYROM hyper-market, shopping mall

    Supermarket chain Veropoulos SA said on Thursday that it would invest 25 million euros in construction of a hypermarket and shopping mall in Skopje, capital of the Former Yugoslav Republic of Macedonia (FYROM).

    Earlier this week, Veropoulos was named winner of a tender for sale of the plot of land where the facilities will be built. The purchase price for the 10,772-square metre site was 510 euros per square metre, including an option for expansion to 13,000 square metres.

    The company, which is to build a 20,000-square metre shopping mall including a 5,000-square metre hypermarket, had won an past tender for the site that was annulled due to procedural irregularities. The project is anticipated to create at least 210 jobs.

    Operating under the brandname Vero, the firm operates seven outlets in FYROM with an eighth currently under construction due for completion in March 2006, ranking as the neighbouring country's largest supermarket chain.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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