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METRO Wholesale Myanmar kicks off construction of Thilawa warehouse - September 14, 2017
METRO Wholesale Myanmar, the Myanmar subsidiary of METRO Cash & Carry, one of the leading international wholesale and food specialists, today celebrated the groundbreaking for the construction of its warehouse in the Thilawa Special Economic Zone.
METRO officially announced its market entry into Myanmar which becomes the 36th country in the German wholesale company’s international portfolio- March 8 , 2019
On 8 March 2019, METRO officially announced its market entry into Myanmar which becomes the 36th country in the German wholesale company’s international portfolio. Built on its modern warehouse in Yangon and empowered by its efficient digital ordering and delivery services, METRO Wholesale Myanmar is serving local professional customers in the fast-growing hospitality and tourism sectors.
METRO Wholesale Myanmar Partners Up with Fresco Myanmar - 1st & 2nd April, 2019
After the announcement of official market entry on 8 March 2019 and while building an innovative and market-leading distribution business that focusses on lifting the standards of the fresh food, the cold-chain, frozen-chain, the farm to fork initiatives, the full traceability as well as creating sustainable business model in the country, METRO Myanmar, an E-commerce driven, German based FSD announced today that it has joined with local fruit and vegetable firm, Fresco Myanmar for an exclusive partnership aimed at its HoReCa (Hotel , Restaurant and Catering) Channel.
METRO AND REDOS ENTER INTO EXCLUSIVE NEGOTIATIONS FOR SALE OF REAL- 8th May, 2019
Düsseldorf, 08 May 2019 – The sale process of Real is entering a decisive phase: METRO and a consortium led by redos have entered into exclusive contract negotiations based on a jointly agreed framework concept. Following a comprehensive due diligence review, the aim is to sign a definitive contract in the summer.
METRO INCREASES LFL SALES BY 1.2% IN Q2,DESPITE EASTER SHIFT- 9th May, 2019
Düsseldorf, 09 May 2019 – In Q2 2018/19, METRO AG’s like-for-like sales increased by 1.2% in comparison with the same quarter of the previous year. This was mainly driven by Eastern Europe (excluding Russia) and Asia. METRO’s sales increased by 1.6% in local currency.
On 5 June 2019 in Nay Pyi Taw, the CEO of METRO Wholesale Myanmar, Jens Michel participated as a panelist for Anti-Illicit Trade Panel discussion and Agrobusiness Panel discussion at Myanmar-EU Economic Forum. The conference provided a platform for business leaders and policy makers from Myanmar and Europe to interact and debate key business and trade issues.
Yangon, 2 October 2019 – Wave Money, Myanmar’s leading mobile financial service provider and METRO Wholesale Myanmar, a leading food service distribution business, have announced a partnership to digitize the food supply chain in Myanmar. The partnership with METRO is part of Wave Money’s commitment to improve the digital eco-system by making cashless payment more convenient to both consumers and enterprises. Using the QR feature in the WavePay app, METRO customers can now pay easily and securely, while easing cash management for METRO.