Tuborg
OpenCalais Metadata: Ticker
TBORG
Local supermarket chain Migros plans to open over 150 new branches in 2016
Turkish supermarket chain Migros has said it plans to open 150 to 200 branches over this year in a written statement to the Public Disclosure Platform (KAP) on April 12.
In the statement, which summarizes the decisions held at the company's latest board meeting, the number of new, planned stores was set between 150 and 200.
Supermarket chain sold in Turkey after firm's promise to sell rival's beer
The Competition Board has approved a "conditional" sale of a 40 percent stake in retail chain Migros in Turkey, after a complaint filed by Tuborg, the group's competitor in the brewery sector, upon competitiveness principles, according to sources.