The company announced on Tuesday that the money should primarily flow into the modernization of the branches, energy savings and increasing animal welfare standards. More than 100 new branches and conversions are planned. In Austria, Billa, Billa Plus, Penny, Adeg and Bipa belong to the company. Rewe employs around 45,000 people in Austria.
The grocer also wants to invest in other European countries this year. Around 200 stores are to be opened or modernized in Bulgaria, Slovakia, the Czech Republic, Romania, Italy, Hungary and Lithuania.
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Source: Nachrichten