Artima pledges real estate as collateral on all bank accounts opened at ING Bank NV Amsterdam.
Carrefour Romania’s marketing manager Andreea Mihai said the retailer will continue to invest in new store openings in 2014.
Carrefour Romania has opened three Express stores since the beginning of 2014. The retailer tapped the supermarkets segment in 2007, after acquiring the Artima store chain from investment fund Enterprise Investors, for EUR55 million.
Carrefour currently operates in Romania 163 units in four store formats: 25 Carrefour hypermarkets, 78 Market supermarkets, 59 Express convenience stores, and an online store.