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).


 


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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