"Phiwa" Expands Retail Chain "Valdi" in Vojvodina - 23 Markets Will be opened by 2013

"Phiwa" Subotica, sister company of the company "Walther Gruppe", which currently has seven markets, "Valdi", plans to open 16 more retail objects in the next four years, announced for "eKapija" Portal Mr. Miodrag Krstin, General Director assistant of "Phiwa".
- All objects are standardized and sized about 1,500 m2, they have 100 parking spaces, and the value of such markets varies between 500,000 and 600.000 EUR. Planned dynamic od opening up the new supermarkets is 3-4 each month- said Mr.Krstin.

"Phiwa" currently has supermarkets across Subotica, Kanjiza, Senta, Ada, Kikinda, Zrenjanin and Temerin, and will open one up shortly in Apatin.. Chain "Valdi" should be extended by 2013. to Sombor, Backa Topola, Odzaci, Kula, Vrbas, Becej, Novi Becej, Backa Palanka, Indjija, Ruma, Sremska Mitrovica and Novi Sad ,where he planned to open three supermarkets, and one in Zrenjanin, Kikinda and Subotica each.

Previous investments were all greenfield investment, except for supermarkets in Kikinda, Kanjiza and Senta, which are located in the area of reconstructed buildings. The first center was opened in 2004.

Company "Phiwa", sister company of the German "Walther Gruppe", is present in Serbia since 2002. years and has built more than 100,000 m2 in Vojvodina. In its composition operates hotel-conference and business center "Galleria" from Subotica, the retail chain "Valdi" and market "Angrohit" from Kikinda.