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CIJ.World > Retail > Competition Council approves Carrefour’s takeover of Billa Romania

Competition Council approves Carrefour’s takeover of Billa Romania

30 June 2016

Romania’s Competition Council has greenlighted Carrefour’s acquisition of Billa’s Romanian network, which includes 80 stores. The move makes the French retailer the country’s leading supermarket operator. Carrefour and Billa signed the deal in December 2015. Carrefour reported a turnover of RON 6.16bn on the Romanian market last year. Its profit increased by 9.7 percent from 2014.

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