Companies / Indonesia
Metro To Maximise Indonesian Freedom?
April 2007 | Company Finance AlertSpeculation has started to mount that German wholesale major Metro Group is to unveil a US$500mn market entry investment for the Indonesian cash-and-carry sector. Separate reports from the Indonesian Minister for Agriculture and Germany's deputy ambassador to Indonesia suggest that Metro is to open 20 wholesale outlets during its first phase of expansion, with stores expected in Bandung, Central Java, Bali, Sumatra and Jakarta.
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