BULGARIA: Plans for investment in Burgas ditched by Billa and Metro Cash&Carry
Billa, the Austrian hypermarket chain, and the Metro Cash&Carry wholesale chain have now decided to ditch their planned investments in the Bulgarian city of Burgas on the Black Sea.
The proposed project of Metro Cash&Carry has been suspended until the company has completed its marketing analyses, it revealed. Billa has meanwhile completely withdrawn plans to build a €783,000 hypermarket in the city centre.
Companies: Metro Group
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