Albania will soon get its first Spar supermarkets following a licensing deal with local private investment group Balfin (through its SPAR Albania unit).
Work is currently underway, focusing first on the launch of two Interspar hypermarkets and thereafter on rolling out the conversion of supermarkets.
By 2017, Balfin Group plans to open over 100 supermarkets and 10 hypermarkets, creating the largest retail network in Albania and investing over €50 million in the project.
SPAR Albania has also invited all potential partners who have stores and operate in the retail sector to join the SPAR network via sub-franchising agreements.