Real to reach 21 outlets by 2008

Real Hypermarket opened its fourth store in Sibiu on Wednesday, following an investment worth 13 million euros. Cumulated with the investments in the other three hypermarkets, in Timisoara, Constanta and Oradea, Real’s investments in Romania have reached 53 million euros. The outlet in Sibiu is located in the European Retail Park, the biggest of this type in Transylvania and is the first store to open for business in the complex. The general manager of Real Hypermarket Romania, John Rix, said that by the end of the year, a further four hypermarkets were to be opened, and join those in Timisoara, Constanta, Oradea and Sibiu. “By opening the Real hypermarket in Sibiu, we have come halfway through our expansion plans for this year. Next month, we will open a hypermarket in Craiova, followed by those in Brasov and Satu Mare (…),”said John Rix.