Carrefour Registers Sales Growth in Romania

10.05.2010

Property Xpress

Europe’s largest grocery retail chain Carrefour says its sales in the first quarter of 2010 in Romania rose by 3.6 pct, despite a challenging environment, thanks to selling space expansion. The company posted a EUR 269 mln turnover for the reported period, compared to the EUR 250 mln rate in 2009.

In Bulgaria, Carrefour registered a EUR 5.0 mln turnover in the first quarter of 2010, from its single store in Bourgas. Carrefour launched its first Bulgarian hypermarket at the end of March 2009 which was a 13,000 sq. m unit with 8,300 sq. m usable space in Bourgas Plaza mall. The facility generated a EUR 19 mln turnover in 2009 with EUR 6.0 mln in the fourth quarter of last year.