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Kaufland Bulgaria invests 17 mln euro in new Varna store

Kaufland Bulgaria invests 17 mln euro in new Varna store Photo: Kaufland Bulgaria/All rights reserved.

SOFIA (Bulgaria), January 23 (SeeNews) - Kaufland Bulgaria, a unit of German retail chain Kaufland, said it has invested 33 million levs ($18.7 million/16.9 million euro) in a new store, its fifth in the coastal city of Varna. 

The new store, which is Kaufland's 60th in Bulgaria, was opened on January 22, the company said in a statement on Wednesday.

The store has created 90 new jobs. It spreads on 5,200 sq m, of which about 2,900 sq m is retail space.

Kaufland entered the Bulgarian market in 2006. Kaufland is part of Germany’s Schwarz Group, which also operates the Lidl retail chain in Bulgaria.

(1 euro = 1.95583 levs)

 

 

 

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