12/2/2010

German retailer Metro to boost Turkish investments

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Haberturk - Germany-based Metro Group, one of Europe’s largest retailers, will continue to grow in Türkiye. Having entered the Turkish market in 1990, Metro has invested over EUR 700 million in supermarkets and electronic retailers.

Horst Schneider, Director General of Metro Group's Asset Management Corporation said the company sees Türkiye as a priority market, and that it will continue to expand in the country.

“As an international retailer, Metro operates in a large number of countries and Türkiye is among the most attractive locations for our investments,” said Schneider, adding that the group will soon open new cash and carry markets in the country, followed by Media Markt and Real store openings.

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