Carrefour expected to enter Armenian market mid-2014
Plans for Carrefour’s imminent arrival in Armenia have been discussed since late last year. The move has largely been regarded as a means to spur competition in Armenian retail trade.
Still in February Armenian Prime Minister Tigran Sargsyan said that his government was interested in Carrefour’s entering the local market.
“This will have a number of positive phenomena, first of all for the citizens, it will promote a more competitive field, institutions of new types, formation of infrastructure and the export of Armenian products.”
