According to a report by the ANSA news agency, Italian retail concern Gruppo Panda intends to open five supermarkets in Sardinia during 2007 with an investment of EUR11m (US$13.85m).
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The new supermarkets are expected to increase the retailer’s turnover by 25%, or EUR48m.
Gruppo Panda posted annual turnover of EUR204m in 2005.
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