Dutch retail giant Ahold has announced that it will move its corporate headquarters in The Netherlands from Zaandam to the country's capital, Amsterdam.

The move, likely to take place in the fourth quarter of 2005, is part of the overall repositioning of Ahold's Group Support Office (GSO), the company said.

"As Ahold moves 'from finance to floor' through our Road to Recovery programme, we are shifting the role of our corporate headquarters to function as a Group Support Office," said Ahold president and CEO Anders Moberg.

"Moving to new premises will support this repositioning to a more operational holding, closer to the business, and help us to mark a new phase in our company's history," he added.

Ahold's Group Support Office in Amsterdam's Eastern Commercial Wharf (Oostelijke Handelskade) will accommodate up to 160 workspaces in a surface area of about 5,500 square metres.