January 29 (SeeNews) - Serbian diversified conglomerate Delta Holding plans to invest a total of 100 million euro ($121 million) by 2025 in the development of an e-commerce platform active in the markets of Southeastern Europe (SEE), it said.
The platform, named Ananas, will be launched in the first half of this year, Delta Holding said in a statement on Thursday.
"At the beginning, we will cover the Serbian market, but we have the intention to be present in the markets of former Yugoslavia plus Albania very soon," senior vice president Marija Desivojevic Cvetkovic said.
Delta Holding reported a 7.5% rise in EBITDA to 46.5 million euro in 2020 as its revenue went up 2.2% to 511.2 million euro, the company said in the statement.
($ = 0.82588 euro)