Carrefour to Enter Uzbekistan Through Partnership in 2020
October 28 2019 - 7:50AM
Dow Jones News
By Olivia Bugault
Carrefour SA (CA.FR) said Monday that it will start operating in
Uzbekistan in 2020 thanks to its partnership with Emirati holding
company Majid Al Futtaim Group.
The French retailer said that it should open seven stores in
Tashkent, the capital city of Uzbekistan, over the next two
years.
"Carrefour's arrival in Uzbekistan will create 2500 direct and
indirect jobs and will benefit more than 600 local suppliers,
producers and farmers," the company said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
October 28, 2019 07:35 ET (11:35 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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