“We will open the initially planned stores in 2012, but we also want to buy land and start the construction of new stores,” says Philippe Lejeune, executive manager of hypermarket chain Cora.

This year the company is set to open three stores, in Slobozia, Bacau and Bucharest. The investment in the three stores that will bring the Cora chain to 11 stores is EUR60 million.

“As a result of these openings we will hire 1,000,” Lejeune says. This would bring the number of employees to close to 5,000.

(English version by Daniela Stoican)