Business Briefs

-- McArthurGlen Group on Thursday reiterated its commitment to a 100-mln-euro investment in Greece and said it was examining new investment opportunities in the country. Gary Bond, the group’s chief executive, speaking to reporters during a news conference on the occasion of the opening of a new discount mall in Spata, eastern Attica, said McArthurGlen was confident of the success of its investment, saying the business model of growth and operation of the new shopping center would not be affected by the economic crisis.

-- Jumbo Group, a Greek-listed toy store chain, on Thursday said its network expansion plan was progressing smoothly. A company announcement said a new super-store in Varna, Bulgaria, officially began operating at the end of May, while a new store was expected to begin operating in Burgas, Bulgaria, in the next few months. Jumbo expects that by December 2011 the group would add three new stores in the branch network in Greece, and another store in Stara Zagora, Bulgaria, in the second half of the 2011/2012 fiscal year.

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