Rewe is looking to invest up to €40m in Slovakia before the end of 2009, in both refurbishments and new store openings.
According to International Supermarket News, the German retailer's Billa chain will be at the head of the plan, which will include seven new store openings and ten refurbishments.
The Slovakian market is currently second only to the Czech Republic in terms of eastern European growth and sales.
