Supermarket chain Mercadona will invest €51m (£42.8m) in the opening of between 17 and 20 new supermarkets in the Balearic Islands over the next five years, according to external relations director Juan Antonio German.

Mercadona will open 10 stores in Mallorca, three in Menorca and another four in Ibiza.

The company expects to spend about €23m (£2.5m) on each of the openings.