Rostelecom announces new reduced tariffs starting 1 Sept 2014

VTB Bank (Armenia) funds repair and equipment of math classroom at secondary school No.21

Tickets of "Armenia" train running Yerevan-Batumi-Yerevan become cheaper

All outgoing calls to Beeline fixed-line network to cost 5 AMD per minute starting from 1 Sept 2014

Hakob Injighulyan is currently in Romania

Prime Minister of Georgia: Kazbegi Checkpoint on Georgian-Russian border will operate in limited emergency regime

Ilham Aliyev speaks of foreign forces' attempts to destabilize the political atmosphere in Azerbaijan

Armenian citizens' visa-free stay in Georgia to last 90 days within half a year

March of Peace, Unity and Solidarity in Yerevan

U.S. Embassy in Baku offers excuses: California Senate's decision does not represent national foreign policy

Eduard Sharmazanov: Robert Kocharyan said nothing new

A Radisson Hotel may open in Armenia

Armenia institutes a criminal case suggesting international terrorism over Azerbaijan's fire attacks on Armenian borderline villages

VTB Bank (Armenia) presents gifts to children of Full Life NGO's Inclusive Summer Camp

Azerbaijan transfers Hakob Injighulyan to a third country

Armenian analyst considers Edward Nalbandian's participation in Turkish president's swearing-in ceremony to be a diplomatic mistake

Union of Banks of Armenia hosts discussions on development problems of Armenia's financial and banking sector

Volunteers from the Diaspora visit VivaCell-MTS headquarters

Robert Kocharyan is not optimistic about prospects of final settlement of Karabakh conflict

Edward Nalbandian invites Erdogan to visit Armenia on 24 April 2015

Robert Kocharyan: The regime able to forget personal interests is doomed to success

Beeline cuts down tariffs for fixed-line telephony services

Expert: California Senate-adopted Resolution - AJR 32 is a response to Baku's blackmailing policy

Robert Kocharyan: It would be wrong thinking that Armenia's economy may gain from sanctions against Russia

Armenian Deputy Minister of Finance: The stadium will not pay off all debts of Armavia

Armenian Cause and Cyprus among key items on Ahmet Davutoglu's agenda

ACBA-Credit Agricole Bank issues student loans within 15 minutes

SCR CJSC to attend sitting of Traffic Safety Committee of Council for Rail Transport in Minsk on Sept 2-3

Edward Nalbandian makes a statement on the Resolution of California Senate recognizing the Independence of Artsakh

Expert: Yerevan's refusal to participate in Turkish president's swearing-in ceremony could put international pressure on Armenia

David Babayan: Azerbaijan's stand on Yazidis of Iraq describes it as a Nazi country

David Babayan: Recognition of NKR's independence by California is equivalent to recognition by a big and influential state

Carrefour to open in Yerevan in Q3 2014

  • by Ashot Safaryan

  • Thursday, February 20, 16:51

Carrefour hypermarket will open in Yerevan in Q3 2014 in the area of Yerevan Mall retail and entertainment center, whose official opening is scheduled for February 21.   

Yerevan Mall Director Vazrik Sekoyan told journalists on Thursday that the well-known French trade chain will be provided with about 10 thsd sq m.   

To note, Carrefour representatives confirmed this information in a conversation with RFE/RL Armenian Service. When speaking of Dalma Garden Mall's refusal to provide Carrefour with a plot in 2013, Carrefour's representatives said that all the problems have fallen behind.  

Carrefour has over 15,000 stores. By the number of stores, it holds the first position in Europe and the second position in the world. Carrefour hypermarkets have an assortment of up to 80,000 food and nonfood items. Carrefour is employing more than 400,000 people.   

By ArmInfo's data, MAF (U.A.E), the franchise holder of Carrefour, started studying the possibility of Carrefour's entry into the Armenian market several years ago. Experts think that Carrefour's presence in the Armenian market would have a strong impact on the competitive environment in the retail trade sector, which is currently divided between 2 large trade chains owned by Samvel Alexanyan and Artak Sargsyan, oligarch-parliamentarians from the Republican Party of Armenia. 

Send to a friend

To (e-mail)

Your name



View comments (0)

Be first to comment on this article

* Indicates required fields