Public Group launches 30-million-euro investment plan
Public Group is launching investments of 30 million euros for the next three years, with the emphasis being placed both on the expansion of the store network in areas where it currently has a limited presence, and on the development of new services, which improve the shopping experience and at the same time provide added value.
The new investment plan of the large retail group is also strengthened by the fact that in 2023 it managed to break the barrier of half a billion euros in sales, as it significantly improved its operating profitability, while showing positive cash flows.
However, in terms of net results, 2023 was also loss-making for the Public Group, as its managing director, Robby Bourlas, admitted on Wednesday at a press conference.
The group plans to open new stores in Kallithea, Aigaleo, Keratsini, Elefsina, Menidi, in the wider area of Zografou, as well as in areas such as Nea Filadelfia, Galatsi and Petroupoli.
