Netto to open 20 stores in 2016

Retailer Netto will open 20 stores in Poland in 2016, focusing on Warsaw and the surrounding regions, such as Piaseczno, Łomianki and Grodzisk, said Kent Petersen, general director, Netto Polska. The company isn't ruling out introducing new store formats, depending on the shape of the retailer tax that is set to be introduced in 2016, said Petersen. He added that Netto Polska is a company registered in Poland and pays all due taxes. The company had  revenues of PLN 2.85 billion last year and employs 5,000 people.