Mega Image invests in new Bucharest supermarket

Mega Image, part of the Belgian group Delhaize, opened its 24th store in Bucharest on Wednesday, in the wake of a 1.2 million-euro investment, whilst the company plans to open another four supermarkets in the capital by the end of the year. Mega Image holds 21 supermarkets in Bucharest, two stores in Constanta and one in Ploiesti, and expanded its presence on the market this year through the acquisition of the La Fourmi store chain. Delhaize Group has bought La Fourmi through its Mega Image subsidiary, from Greek investment fund Global Finance, which held around 90% of the company’s share capital, and from a number of private investors. The company will invest 3-3.5 million euros to refit the 14 LaFourmi stores in Romania, with rebranding works set for completion by the end of the year.