Austrian retailer Billa yesterday [Wednesday] signed a contract to buy a 1.15 hectare plot of land in Pleven, north Bulgaria, on which it will build a new hypermarket.
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The hypermarket will cost some 8m levs (US$4.1m) and create 100 jobs once construction is completed. The store is expected to welcome its first customers next February.
Billa already operates nine stores in Bulgaria, three of which are in the capital city of Sofia. A further eight to ten hypermarkets are in the pipeline.
A company representative claimed that Billa contracts only with Bulgarian suppliers, even for imported food products.
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