The sale of operations is not imminent, the quoted sources also stated. Talks have just been opened on the market. According to the sources, talks are being held with both retailers present in Romania and at least one investment fund.
Carrefour officials have not yet responded to ZF’s request for information.
In Romania, Carrefour is one of the largest retailers by turnover, with annual revenues of above EUR3.5 billion. The company operates over 400 stores under several formats.
The sale of operations would thus be a major deal on the local market.
In 2024, in Romania Carrefour reported RON14.6 billion turnover, vs RON17.6 billion in 2023. Moreover, the company is in the red, with the results dragged down by those of Cora, the French group has recently integrated in its own portfolio.
(English version by Catalina Apostoiu)