Metro Cash & Carry resumes expansion in Deva

German group Metro, the largest player in Romanian retail, with turnover worth almost 2 billion euros in 2007, will open a cash & carry store in Deva (Western Romania) at the end of this year. Company representatives previously put the investment at 15-20 million euros. This will be the 24th store belonging to the Metro Cash & Carry network in Romania, after the last store opened in 2005, in Baneasa. “It is time to continue expansion in other cities throughout Romania, by opening Metro Cash & Carry in Deva. The spectacular potential for economic and commercial development in the Deva – Hunedoara – Simeria area was a decisive factor when we eventually chose the new location,” said Metro representatives. The Metro Cash & Carry store in Deva will be located in a retail park that also includes a Real hypermarket and a DIY Praktiker store. Locally, Metro is involved in a modernisation strategy for its older the cash & carry stores, with overall planned investments worth 14-20 million euros earmarked for the modernisation of four stores.