Metro prepares for opening of ninth Polish shopping center in Krakow

Metro AG will tomorrow open its latest commercial center in Poland, Centrum Handlowe M1 in Krakow. The company has already invested some zl.2.5 billion in its network of similar shopping centers across Poland. The Krakow project, which is Metro AG's ninth investment in Poland, is estimated to have cost around zl.280 million. "The construction of the shopping center was launched in July 2000. The total floor space is over 52,000 square meters," explained director of Metro AG in Poland, Renata Juszkiewicz. The M1 development in Krakow involved the modernization of communications infrastructure around the site. Metro AG is the operator of the Real hypermarkets, as well as the Praktiker DIY chain and the Media Markt electronic equipment retailer. (Puls Biznesu, p. 12) A.Z.