YEREVAN, July 11. /ARKA/. The first Carrefour hypermarket will be opened in Armenia in the coming autumn, French Ambassador to Armenia Henri Reynaud said Friday at a news conference.
In recent days, he said, he met with entrepreneurs from France who were interested in doing business in Armenia.
A preliminary agreement between Yerevan Mall and Carrefour was signed on May 13 in Yerevan. Armenian and French presidents, Serzh Sargsyan and Francois Hollande were present at the signing ceremony.
Carrefour SA is a French retail trade company and operator of Carrefour, the world’s second biggest chain of hypermarket after Wal-Mart.
The hypermarket will be opened in the territory of Yerevan Mall that occupies premises of 66,000 square meters, of which 10,000 square embers are built up in accordance with Carrefour standards. -0----