EMCC European Monitoring Centre on Change

Alfa-Beta Vassilopoulos

Alfa-Beta Vassilopoulos

Geographic Location

Country: Greece
Region: Dytiki Makedonia; Voreia Ellada


Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
Number Employed: 11408
Group: Delhaize

Employment Effects

Announcement Date: 02-11-2014
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2015
Foreseen End Date: 31-12-2015
Planned Job Creation: 1000

Additional Information

Alfa-Beta Vassilopoulos, one of the biggest Greek supermarket chains, is to invest in new stores and create 1,000 new jobs.

As reported, AB Vassilopoulos, announced plans to invest €100 million in 2015 on the creation of new stores, as well as on the renovation of the existing ones, all over Greece, with particular emphasis to Crete, Northern Greece, Thessalia and Chalkidiki.

AB Vassilopoulos, established in 1939 in Athens, currently has 306 stores with a total of 11,408 employees; investments from 2011 to 2013 reached almost €350 million.