Delta buys Albanian retailer

Delta Holding's retail unit Delta Maxi has acquired Albania's Euromax, reports say. The contract has still not been verified by the Albanian anti-monopoly bodies, the Serbian Chamber of Commerce said on its website, quoting Albanian media. Delta buys Albanian retailer Euromax exports and imports of mostly foodstuffs and has a retail chain of 17 shops in Tirana, Durres, Elbasan and Fier. The company opened the first hypermarket in Albania in 2005. Delta Maxi has long announced plans to expand in the region, and is now spreading to Albania after Montenegro, Bosnia-Herzegovina and Bulgaria. The company, a part of Serbia's biggest private enterprise, plans to by 2012 open stores in Croatia, Moldova, Romania, Ukraine and Macedonia.

Delta buys Albanian retailer

Euromax exports and imports of mostly foodstuffs and has a retail chain of 17 shops in Tirana, Durres, Elbasan and Fier.

The company opened the first hypermarket in Albania in 2005.

Delta Maxi has long announced plans to expand in the region, and is now spreading to Albania after Montenegro, Bosnia-Herzegovina and Bulgaria.

The company, a part of Serbia's biggest private enterprise, plans to by 2012 open stores in Croatia, Moldova, Romania, Ukraine and Macedonia.