date:Jan 29, 2014
Belgian retailer Delhaize has announced that it will invest in its operations in Serbia this year.
The news follows Delhaize releasing its fourth quarter and full-year results earlier this month when the retailer's president and CEO, Frans Muller, said Serbia's performance remained below expectations. The retailer's operations in Serbia were affected by negative volume growth.
Last year, Delhaize announced an investment of 45 million for its business in Serbia for 2013, after investing 30 mil