New investment project

Published: 24 November 2001 y., Saturday
New Hyper Rimi shopping mall was opened in Vilnius, the capital of Lithuania. It is the largest hyper-market in Northern Europe The shopping mall occupies an area of 19,000 m2, with 9,500 m2 allocated for shopping. It will employ 350 people and expects 7,000 customers per day. The mall will offer about 40,000 different products including food products, household items, clothes, etc. Like other Rimi trade centres in Lithuania, Hyper Rimi is owned by the Norwegian company Hakonlita, which has so far invested about USD 40 million in the Rimi network in Lithuania. Hyper Rimi shiping mall is one of the most modern in the Baltics. Beside other novelties, it has state-of-the art ventilation and cooling equipment, which does not use freon and is environment friendly. Hyper Rimi is also one of the biggest infrastructure investment projects in Vilnius. USD 2.4 million were spend for new underground utilities and reconstruction of the streets surrounding the shopping mall.
Šaltinis: lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Paris fashion week ignores economic pinch

European cities may still be feeling the pinch of the global recession. more »

EBRD supports private ownership in Kazakhstan’s oil and gas sector

The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields. more »

Car safety: European Commission welcomes international agreement on electric and hybrid cars

The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars. more »

Lithuania’s rating outlook raised by fitch on budget

Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit. more »

Eurostat: Lithuania shows highest increase in retail trade

In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania. more »

Globalisation fund: Parliament backs aid to Germany and Lithuania

Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday. more »

Tourism: upbeat prospects for 2010 season

Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’. more »

Consumer protection under discussion by MEPS

The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg. more »

EU to provide 45,000 micro-loans to unemployed and small entrepreneurs

EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business. more »

MEPs set to vote on help for German & Lithuanian workers

Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday. more »