The construction of the 3,000 square metres centre should get underway next spring, Delta Maxi said in a statement.
The centre will be located in the municipality of Zvecan, in northern Kosovo.
Delta Maxi is part of the diversified group Delta Holding, which is owned by Miroslav Miskovic, a Serbian tycoon who emerged in the early 1990s during the rule of ex-Yugoslav strongman Slobodan Milosevic.
Delta has retail businesses in Montenegro, Bosnia and Bulgaria.
($ = 0.7922 euro)