Savola Group (2050.SE) is planning to invest USD125 million in Egypt. The company raised its total production capacity in Egypt to 350k tonnes from 50k tonnes in 2011 and also has plans to expand its retail presence in Egypt. Panda, the company’s retail arm, currently operates one-grocery retail outlet in Egypt that was launched in 4Q2015 and has five more under construction (including one hypermarket over 10,000sqm) . The company also won a bid for a 9,100sqm land plot in Al Obour, west of Cairo. (Al Borsa)   Savola: SAR44.06 as of 12 April 2016, Rating: Buy, FV: SAR70.00 per share, MCap: USD6,274 million, SAVOLA AB / 2050.SE