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Auchan to Open Two Stores a Year in Ukraine, Kommersant Reports
October 24, 2012
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French Groupe Auchan SA plans to open two hypermarkets in Ukraine a year from 2014, Kommersant- Ukraine reported, citing Gerard Gallet, director of Auchan operations in Ukraine.
Auchan will invest an average 20 million euro ($26 million) in each new hypermarket, the newspaper said, citing Gallet.
To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net
To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net
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