Albania to get first Spar hypermarkets and supermarkets | Progresiv

Albania will soon get its first Spar supermarkets following a licensing deal with local private investment group Balfin (through its Almark unit). Work is currently underway to convert Carrefour branded stores to Spar, 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 euros in the project.

Almark has invited all potential partners who have stores and operate in the sector to join the Spar chain via sub-franchising agreements. (www.esmmagazine.com)