La Fourmi eyes 25% growth

Supermarket chain La Fourmi forecasts a 25% growth in 2003 sales, up to 15m euros, as it will open another two stores this fall. The company also entered the catering and home-delivery segment this year. “We decided to become involved in the catering and home-delivery segment, to complete our supermarket operations,” said Riad Hijal, the company’s financial director. The company aims to have 20 stores by the end of 2006. La Fourmi entered the Romanian market in 1993, when it opened its first store in the 1 May area. Then came supermarkets in the following areas: 13 September, Unirea, Mosilor and Pipera. The company employs more than 400 people. ZF