Germany's Metro sees "huge potential" in Kazakhstan

Metro, the fourth-largest retailer in the world, said it plans to open as many as 15 stores in Kazakhstan, investing between $15 million and $20 million each. The German company has opened its first Metro Cash & Carry wholesale outlet in Astana, the capital of Kazakhstan. Metro also said it is looking to open 10 malls and more than 10 wholesale outlets in Egypt.

Forbes | 27 Oct.

This story published in NRF Global SmartBrief on 10/29/2009

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