Hofer Slovenija, the Slovenian arm of the Aldi Sued discount chain group, plans to invest pver EUR 100m in Slovenia by the end of 2005, a quarter of all direct foreign investments in the country this year, the company said on Thursday.
Hofer Slovenija added that investments in Slovenia will reach EUR 300m over the next few years. The company also plans to employ 3,000 people in the long run.
While some 500 employees already work for Hofer, their number will treble by the end of next year, predicts the company, which opened its first outlet in Slovenia on Wednesday.
Hofer Slovenija plans to reach half of its revenues through sales of domestic products, with the company's mid-term plans anticipating annual sales to the amount of EUR 100m.
Hofer plans to open ten more shops in Slovenia in the coming days, and will expand its network in the future to cover the entire country.
The Aldi Sued group already has shops in Germany, Austria, the UK, Ireland, the US and Australia, and plans to launch its operations in Switzerland soon.
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