Type
Business expansion
Country
Bulgaria
Region
Severna Bulgaria; Severen tsentralen; Ruse
Location of affected unit(s)
Ruse
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

200 jobs
Number of planned job creations
Job creation
Announcement Date
14 June 2007
Employment effect (start)
14 June 2007
Foreseen end date

Description

Kaufland has opened a second hypermarket in Ruse. The investment has amounted to around 10 million BGN and 200 new jobs have been created. Ruse is the second town in Bulgaria after Sofia where the company has opened a second shop. The decision was taken after a market analysis which showed a significant number of costumers from Romania doing their daily shopping in Ruse. Kaufland has ten shops in most of the largest Bulgarian towns and it is planning to open three new in Pernik, Montana and Pleven in the summer of 2007.


Sources

Citation

Eurofound (2007), Kaufland, Business expansion in Bulgaria, factsheet number 65538, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65538.