Carrefour will invest € 2.2 billion in expansion

The amount will be earmarked for expansion of the activities of the group in Brazil, France and China, said the President of Carrefour, Georges Plassat, yesterday (07/03), after disclosing the net profit of € 1.23 billion retailer – three times more for 2011. The idea is also renovating the stores.
Plassat has not disclosed the number of units that will be opened, nor the format chosen as focus focus in the country. Only commented that the Atacadão "will continue advancing". In 2012, 11 banner stores were opened here. "In Brazil, our activities work very well today. Also we have a substantial real estate assets. Is all this together that we are studying to optimize our growth, "he said.
Model
Business in Brazil also serve as experience in other countries. The Atacadão, for example, inspired in Morocco, where it was used with a local partner. There, sales more than doubled, according to Plassat, which also revealed there is no project to deploy the Atacadão in Europe.
In Spain, the Group reactivated a flag of supermarkets, applying the rationalization of operating costs of Atacadão. There are now three units, one has just been inaugurated in Seville.
Away from the actions of the
The World President of the Carrefour still ruled out the possibility of launching the Atacadão, the largest wholesaler of Brazil, in the stock market. For months circulating rumors that the French group could hold an IPO (initial stock offering, the acronym in English), operation of around $ 10 billion. "This is not in our designs and makes no sense.