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Business National

CarrefourSA plans further store openings in Turkey

CarrefourSA, a French retail chain working in partnership with Turkey’s Sabancı Holding, is planning further growth through opening new stores and by capitalizing on all potential opportunities presented by acquisitions in the Turkish domestic market.

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Guillaume Deruyter, the director general of CarrefourSA Supermarkets, said on Thursday that the company will open three supermarkets along with a hundred express markets in 2010, all of which will offer work for 5,600 more people.

Deruyter spoke with the Anatolia news agency during a visit to Tarsus, Mersin province, to inaugurate the 160th CarrefourSA store. CarrefourSA opened 55 express markets and four supermarkets in Turkey in 2009. Carrefour owns 58.2 percent of shares in CarrefourSA while Sabancı Holding controls a 38.8 percent stake. The rest of the shares are traded on the stock market.

The third-largest food retailer in Turkey, first in Europe and second in the world, the Carrefour group has over 15,500 stores, either company operated or franchised. Deruyter said Sabancı Holding has always offered full support in opening new stores. “We want to acquire companies if we encounter proper opportunities,” Deruyter noted. “We want to grow more and increase our share in the market. Our aim is to be number one in every area we are involved in.” He also said the company aims to increase its number of employees in Turkey to 19,000 from the current 7,600 by 2012.

20 November 2009, Friday

TODAY'S ZAMAN WITH WIRES  İSTANBUL

   

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