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)