Carrefour signed an agreement with the Louis Delhaize group to take over cora’s activities in Romania. Carrefour will take over the Cora network in Romania, including 10 hypermarkets and 8 Cora Urban convenience stores, as well as the approximately 2,400 employees. The transaction is subject to approval by the competition authorities and is expected to be completed by the end of the year.
The units will later be transformed into Carrefour brand stores and adapted to Carrefour formats.
Carrefour achieved sales of EUR 638 million (VAT included) in Romania in the first three months, up 12.5 percent compared to the same period last year.
