The 9,600-square meter store will be hosted by Shopping City Galati, developed by South-African investment fund NEPI on a 12-hectare plot of land. Shopping City Galati will also host a mall with an area of 20,000 square meters.
Carrefour currently operates 122 stores in Romania: 24 hypermarkets, 69 supermarkets, 28 proximity stores under the brand Express and an online store.
In 2012, Carrefour Romania registered sales of EUR986 million, VAT excluded, up 3% on the year.
NEPI, one of the most active real estate investors in Romania over the past years, owns assets worth over EUR600 million on the local market, including office towers The Lakeview, Floreasca Business Park and City Business Center in Timisoara, shopping centers Shopping City Ploiesti and Promenada Braila, as well as several plots of land.